Bank Exams Exam > Bank Exams Videos > SBI PO Prelims & Mains Preparation > Types of Accounts & Loans
Types of Accounts & Loans Video Lecture | SBI PO Prelims & Mains Preparation - Bank Exams
|
628 videos|824 docs|280 tests
|
FAQs on Types of Accounts & Loans Video Lecture - SBI PO Prelims & Mains Preparation - Bank Exams
| 1. What are the different types of accounts provided in banking exams? |  |
Ans. The different types of accounts provided in banking exams include savings accounts, current accounts, fixed deposit accounts, recurring deposit accounts, and NRI accounts.
| 2. What is a savings account? | |
Ans. A savings account is a type of bank account where individuals can deposit and withdraw money while earning a certain amount of interest on their deposits. It is typically used for personal savings and day-to-day transactions.
| 3. What is a current account? | |
Ans. A current account is a type of bank account that is primarily used for business transactions. It allows for unlimited withdrawals and deposits, and often provides facilities such as overdrafts and checkbooks. Unlike savings accounts, current accounts do not typically earn interest on deposits.
| 4. What is a fixed deposit account? | |
Ans. A fixed deposit account, also known as a term deposit, is a type of account where individuals deposit a fixed amount of money for a fixed period of time. The deposited amount earns a predetermined rate of interest, and the funds cannot be withdrawn before the maturity date without incurring penalties.
| 5. What is an NRI account? | |
Ans. An NRI account, or Non-Resident Indian account, is a type of bank account designed for Indians living abroad. It allows NRIs to manage their finances in India, and comes in various forms such as NRE (Non-Resident External) accounts and NRO (Non-Resident Ordinary) accounts. These accounts have specific features and benefits tailored to the needs of NRIs.
Related Exams
About this Video
|
4.71/5 Rating |
|
Dec 23, 2024 Last updated |
Video Description: Types of Accounts & Loans for Bank Exams 2024 is part of SBI PO Prelims & Mains Preparation preparation.
The notes and questions for Types of Accounts & Loans have been prepared according to the Bank Exams exam syllabus.
Information about Types of Accounts & Loans covers all important topics for Bank Exams 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Types of Accounts & Loans.
Introduction of Types of Accounts & Loans in English is available as part of our SBI PO Prelims & Mains Preparation for Bank Exams & Types of Accounts & Loans in
Hindi for SBI PO Prelims & Mains Preparation course. Download more important topics related with notes, lectures and mock test series for
Bank Exams Exam by signing up for free.
Description
Video Lecture & Questions for Types of Accounts & Loans Video Lecture | SBI PO Prelims & Mains Preparation - Bank Exams - Bank Exams full syllabus preparation | Free video for Bank Exams exam to prepare for SBI PO Prelims & Mains Preparation.
Information about Types of Accounts & Loans
Here you can find the meaning of Types of Accounts & Loans defined & explained in the simplest way possible.
Besides explaining types of Types of Accounts & Loans theory, EduRev gives you an ample number of questions to practice Types of Accounts & Loans tests,
examples and also practice Bank Exams tests.
|
628 videos|824 docs|280 tests
|
|
Explore Courses for Bank Exams exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Summary
,Extra Questions
,Important questions
,ppt
,past year papers
,Types of Accounts & Loans Video Lecture | SBI PO Prelims & Mains Preparation - Bank Exams
,Sample Paper
,Types of Accounts & Loans Video Lecture | SBI PO Prelims & Mains Preparation - Bank Exams
,shortcuts and tricks
,Types of Accounts & Loans Video Lecture | SBI PO Prelims & Mains Preparation - Bank Exams
,study material
,video lectures
,Viva Questions
,Objective type Questions
,Free
,Previous Year Questions with Solutions
,practice quizzes
,Exam
,MCQs
,mock tests for examination
,Semester Notes
;
Study Types of Accounts & Loans on the App
Students of Bank Exams can study Types of Accounts & Loans alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Types of Accounts & Loans,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Types of Accounts & Loans is prepared as per the latest Bank Exams syllabus.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup