C-11 — Bank Deposit

What is the main source of banking business?

How do commercial banks generally collect deposits?

Through which three accounts do commercial banks generally collect deposits?

On what basis do commercial banks open different accounts for deposit collection?

After collecting deposits, what does a bank do with them?

Which is one of the main purposes of bank for the clients?

Banks make business transactions of clients through which of the following?

Loan facility from a bank is offered to which account holders?

Why is bank deposit considered a risk-free investment?

Banks attract people to preserve bank accounts mainly by —

Which facility allows a client to withdraw more money than is deposited?

Compared to share-market investment, bank deposit is —

Consider the following purposes of bank deposit for clients:

Which of the following is NOT a purpose of bank deposit from the client's perspective?

From the bank's perspective, which is the first purpose of accepting deposits?

What is a major objective of banks regarding the deposited money?

For which bank activity may clients need to open special accounts?

Consider the following purposes of bank deposit for the bank:

How do people form a habit of saving?

Idle savings of people accumulate through bank accounts and create —

What plays an important role in a country's production and economic growth?

New employment is generated mainly due to —

Banks participate in international trade through —

Consider the following economic roles of bank deposits:

Which of the following is NOT a role of bank deposits in national economic development?

How many main types of bank accounts are mentioned at the start of section 11.2?

Which of the following is the main type of bank account suitable for businesspersons?

Which account usually does NOT offer any interest?

In which account can more than the deposited amount be withdrawn through overdraft?

In a savings account, money can usually be withdrawn —

Who usually opens a savings account?

Savings account offers —

An account opened for a certain period of time is called —

Which of the following is NOT a typical period for a fixed deposit account?

What rate of interest is offered on a fixed deposit account?

If a fixed deposit is withdrawn before maturity due to urgent need, the client —

Which account is opened to create a tendency of savings among school students?

Which account offers both life insurance and current account facilities?

Who can open a foreign exchange savings account?

In a Deposit Pension Scheme (DPS) account, money is deposited —

At the end of a DPS period, the client receives —

Loan deposit account is opened by —

RFCD stands for —

Resident Foreign Currency Deposit account is customised for —

When the stipulated quota of foreign currency is not enough during overseas travel, which account is helpful?

Who typically takes the RFCD account service?

Which of the following is NOT an "additional" type of bank account listed in section 11.2?

Consider the following statements about a current account:

Consider the following statements about a fixed deposit account:

Which is the main difference between current account and savings account?

In a loan deposit account, how does deposit and credit get circulated?

Before opening an account, a depositor first considers —

"Efficiency" as a criterion refers to the efficiency of —

Which bank is more suitable for opening an account in terms of services?

Before opening an account for foreign exchange, a client must examine whether the bank —

Which bank generally has better goodwill?

Banks recognised by Bangladesh Bank as better banks are called —

Why are scheduled banks preferred over non-scheduled banks?

Regarding loan, clients prefer the bank that has —

Clients prefer the bank that offers —

Regarding service tariff, clients prefer the bank that —

Which of the following is NOT mentioned as an electronic banking feature attracting clients in section 11.3?

Which bank is generally more suitable in terms of accessibility?

Consider the following considerations before opening a bank account:

Which account is best for a client who makes large and high-frequency transactions for business?

Which account is preferable for both transaction and saving purposes for general fixed-income people?

A client opens a fixed deposit account mainly because —

What is the first step in opening a bank account?

Which of the following documents is required as identity proof while opening a bank account?

While opening an account for a company, which additional document is required?

Consider the following steps in opening a bank account:

To open an account, an applicant needs reference and signature of —

Why are nominee's photograph and details required while opening an account?

All the details of the client furnished in the application form are —

To start operation, the applicant must place —

Consider the following information required in the client's details form:

To close a personal bank account, the client must submit —

For closing a company account, the request letter must be —

Which of the following must be returned to the bank when closing an account?

The bank closes a client's account on request only if —

Consider the following requirements for closing a bank account:

Electronic banking allows banking facility for how many hours a day?

Which of the following is a plastic card issued by a bank for cashless purchase and ATM withdrawal?

The main difference between a debit card and a credit card is —

Credit card is essentially a form of —

To hold a credit card, is a bank account of the client always required?

ATM stands for —

Through an ATM, a client can do all of the following EXCEPT —

A key feature of ATM is that transactions can be done —

Mobile banking is a service where a customer carries out transactions using —

Which of the following are examples of mobile-banking apps mentioned in the chapter?

Providing account balance information and cheque-book request through short messages is called —

To use internet banking, a client typically requires —

Through internet banking, a client can —

Any Branch Banking allows a client with an account in one branch to —

Through which electronic banking service can a client get account-related information by phone call from home?

Consider the following statements about electronic banking products:

Which of the following is NOT mentioned as an electronic banking product in section 11.6?

Which electronic banking service is best suited for a customer who wants to pay utility bills from home through a website?

To provide electronic banking services, the bank initially needs —

Through e-banking, a greater number of people can be served by —

Why is e-banking gaining huge acceptance in Bangladesh?

Electronic banking is especially helpful for —

Which of the following is a feature of modern e-banking emphasised in section 11.7?

Which is the purpose of deposit for clients?

Which is the place for risk-free investment?

Mintu Borua and his family visited Cox's Bazar where he made all expenditures using an electronic card. When his deposited money against the card finished, he asked his brother to deposit money in his bank account. Then he withdrew some money and returned to Dhaka. Which of the following did Mintu Borua use to withdraw money?

Mintu Borua used an electronic card during his Cox's Bazar tour, and his brother deposited money in his bank account from Dhaka while Mintu withdrew it remotely. His tour was successful due to —

According to the chapter, a school savings account is opened to —

Banks play a role in capital formation by —

Mr. Sabbir is an import-export agent who opened an account in "Fresh" Bank to facilitate business transactions and withdrew a large amount for a showroom. Which type of account is most suitable for Mr. Sabbir?

Consider Mr. Sabbir's case (importer-exporter, frequent and large transactions through Fresh Bank). The bank deposit is important to him for —

According to the chapter, a "scheduled / listed" bank is one that —

Which account provides both savings benefits and life insurance facility?

Safina, a rice trader, uses a bank that lets her check balance without visiting branch, pay using a card, and send money via mobile. Which banking services is she using?

Consider the rationale for introducing electronic banking services like Shawkhin Bank's in Shaili Bank:

Why do banks allow clients to open different types of accounts?

Which best describes a Deposit Pension Scheme (DPS) account?

From which account can overdraft money normally be withdrawn?

Internet banking means —

Which best describes a fixed account (fixed deposit)?