Question : _______ are those where a monthly instalment is deposited in the accounts every month.
Option 1: Savings bank deposits
Option 2: Reinvestment deposits
Option 3: Fixed deposits
Option 4: Recurring deposits
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Correct Answer: Recurring deposits
Solution : The correct option is Recurring deposits .
Recurring deposits are financial accounts where a fixed monthly instalment is deposited every month into the account. These deposits are a popular savings option typically offered by banks and financial institutions to encourage regular savings and help individuals achieve their financial goals.
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Question : The monthly expenses of a person are $66 \frac{2}{3} \%$ more than her monthly savings. If her monthly income increases by 44% and her monthly expenses increase by 60%, then there is an increase of INR 1,040 in her monthly savings. What is the initial expenditure (in INR)?
Question : Savings deposits with Post Office savings banks are included in which measure of money supply?
Question : Total deposits with Post Office savings organisations are included in which money supply aggregate?
Question : Under the Statutory liquidity ratio, commercial banks are required to keep a fraction of ____ in the form of liquid assets.
Question : The tax on the salary of C is $\frac{1}{4}$th of the salary and savings are $\frac{1}{3}$rd of the salary. The ratio of the expenditures to the savings is_____.
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