Question

Fill  in  the  blanks  with  suitable  words  :
1. The  word  ‘Bank’  has  been  derived  from  the  French  word
2. The  Banker’s  Bank  is____
3. An  example  for  Natioanalised  bank  is___
4. The  National  saving  certificates  are  issued  by___
5. The  type  of  account  where  any  number  of  transactions  can be  made  with  Bank  is___
6. The  deposits  for  a  fixed  term  can  be  deposited  in___account.

DSERT Class 10 Business Studies Ch. 1 Bank Transactions

Answer 1

1. The word ‘Bank’ has been derived from the French word "Bancus"

2 .A bankers' bank is a financial institution that provides financial services to banks in USA

3. An example for Natioanalised bank is state bank of india

4.  The National saving certificates are issued by NSC

5. The type of account where any number of transactions can be made with Bank is savings bank account

6. The deposits for a fixed term can be deposited in fixed deposit account.