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What is Bank?

Answers were Sorted based on User's Feedback



What is Bank?..

Answer / wanted

Bank is one of the Financial Institution which accepts
Deposits from the Public who have Surplus Income, And lend
the money to the Public who have the Need of money. The
Difference Between the Interest Charged on the Deposits &
Loans are the profit to the banks.

Is This Answer Correct ?    39 Yes 2 No

What is Bank?..

Answer / r sumitra

bank is a financial institution concerned with accepting
deosits and giving loans

Is This Answer Correct ?    20 Yes 1 No

What is Bank?..

Answer / aruna

An organisation ,usually a corporation,chartered by a state
or federal govt ,which does the following:Receives demand
deposits,time deposits,honors instruments drawn on
them,pays interest on them ,invest in securities

Is This Answer Correct ?    9 Yes 3 No

What is Bank?..

Answer / snaveenbabu

BANK IS A BARTER SYSTEM , RECEIPTS & PAYMENTS

Is This Answer Correct ?    3 Yes 1 No

What is Bank?..

Answer / shruti

bank is a financial institution who is doing no. of jobs directly as well as indirectly for its customer.it accept deposits from its customer and also provide loan & withdrawn facilities to them.it act as an representative on behalf of its customer.overall bank is a financial institution which dealsa with money as well as money's worth.

Is This Answer Correct ?    3 Yes 2 No

What is Bank?..

Answer / guest

when people are take and give money
bank mien the house of collective money.

Is This Answer Correct ?    1 Yes 0 No

What is Bank?..

Answer / deepak

Bank is that Organisation Where Any Individual, Business Man &
Corporate Sector Can Deposit & Withdraw Their Daily Income.
A Bank Can Help To Everyone Who Needs Money.
But These Days Banks Became Very Necessary to everyone. Bank
Provides Us Many Types of Facilities Such As : Internet
Banking, Mobile Banking, NEFT & RTGS, CBS Etc.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

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the official time (working hours) of juan magalang is 7:00 am to 4:00pm.lunch break is one hour that is from 12:00-1:00pm. the management allows a grace period of 10 minutes for lates. more than 10 minutes late is deducted one hour as punishment. juan works from monday to friday his official time are as follows. am pm overtime in out in out in out monday 7:05 12:05 1:00 4:05 tuesday 6:59 12:01 12:58 4:03 wednesday 7:15 12:04 12:56 4:00 thursday 6:56 12:01 1:05 4:00 4:00 10:00 friday 7:01 12:10 12:50 4:05 his daily rate is 404 pesos, this include the COLA. if SSS deduction is 100 pesos per month Philhealth contribution is 100 pesos and Pag-ibig fund is 100 pesos. if he is married with 2 kids ages 10 to 12 years old how much tax will be deducted from his income? assuming payroll is every 15th and 30th of the month, compute for his take home pay, if tax,SSS, Pag-ibig and Philhealth are deducted on the 15th of the month, how much will be received on the 15th and 30th assuming table shown are the same for the three other weeks.

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hi frn iam Ashish frm nepal..ihave got my bank balance in my own name incase of my father or mother.coz they are in Israel and they havent open their account here in nepal...my interview is in 29 nov....so what to do for this problem..if this question is asked than what shall i do?plz reply soon....

0 Answers  


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