Question

Match the groups:

	Group 'A'		Group 'B'
(1)	Lost cheque	(a)	Board of Directors
(2)	Fixed deposit account	(b)	Saving account
(3)	Cash credit	(c)	Investment
(4)	Appointment of bankers	(d)	Stop payment
(5)	Financial arrangement	(e)	Separate loan account
		(f)	Higher rate of interest
		(g)	Bank overdraft

• A. $(1-d),(2-f),(3-e),(4-a),(5-g)$
  
• B. $(1-f),(2-d),(3-e),(4-a),(5-c)$
  
• C. $(1-c),(2-f),(3-a),(4-e),(5-g)$
  
• D. $(1-g),(2-f),(3-e),(4-c),(5-b)$
  

Answer 1

The correct option is A $(1-d),(2-f),(3-e),(4-a),(5-g)$

Stop payment request is made to the bank when a duly signed filled in cheque is lost.

Fixed deposit account earns a higher rate of interest compared to savings bank account.

A separate account is opened to avail cash credit.

Appointment of banker is made by the Board of Directors.

Bank overdraft is a kind of temporary financial arrangement.