CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Types of Accounts and Products

The minimum a...

Question

The minimum amount required to open a fixed deposit is

A

Rs.

1000

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

Rs.

500

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Rs.

2000

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Rs.

300

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is D Rs. $1000$
The minimum amount required to open a fixed deposit is Rs. $1000$ .

Suggest Corrections

thumbs-up

0

Similar questions

Q. A person has Rs.

30, 000

to invest.He wants to invest some amount in the fixed deposit and remaining in savings account.The interest rates are

7 %

5 % p . a

for the fixed deposit and the saving account respectively. Find how he should divide the total amount

R s .30000

in two accounts if he wants to get the annual interest as (i)

R s .1800

R s .2000

Q. Govind opened a bank account on 1.4.2006 by depositing Rs. 3000. He deposited Rs. 1000 on 11.4.06 and withdrew Rs. 500 on 15.4.2006. Compute the interest paid by the bank for the month of April, if the rate of interest is 4 % pa.

Q. If a deposit of

R s .2000

yield an interest of

R s .500

3

years, how much interest would a deposit of

R s .36000

yield in the same period of time?

Q. Rahul's father wants to deposit some amount of money every year on the day of Rahul's birthday. On his

1 s t

R s .100

2 n d

R s .300

3 r d

R s .600

4 t h

R s .1000

What is the amount deposited by his father on Rahul's

15 t h

Q. If the total cost of a firm is Rs. 500 when output is zero, Rs. 1000 when output is 10 And Rs. 1,400 when output is 20, the fixed cost is equal to _________________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Types of Bank Accounts

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Types of Accounts and Products

Standard VII Mathematics

Join BYJU'S Learning Program

CrossIcon