Question

(i) Central Bank of India is ………
(ii) The function of Reserve Bank of India is to ……… the ……… system of the country and to monitor it.
(iii) The most popular account for the people is ………….
(iv) Duration of maturity for a recurring deposit account may be from ………….. to …………
(v) Some banking activities can be done by using ………..from a mobile phone.
(vi) With the use of NEFT, amount deposit can be done within ……….hours to the account of beneficiary.

Answer 1

Answer:

Any options?

Explanation:

Answer 2

Answer:

The correct asnwers are:

Central Bank of India is one of the oldest and largest commercial banks in India

The function of Reserve Bank of India is to operate the currency and credit system of the country and to monitor it.

The most popular account for the people is Government Bank Accounts

Duration of maturity for a recurring deposit account may be from 6 months to 10 years

Some banking activities can be done by using app from a mobile phone.

With the use of NEFT, amount deposit can be done within 8 hours to the account of beneficiary.