What is the trade off to putting money in savings accounts compared to a money market accounts or a certificate of deposits?

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What is the trade off to putting money in savings accounts compared to a money market accounts or a certificate of deposits?

asked Jan 20, 2022 by anonymous

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answered Jan 20, 2022 by anonymous
selected Jan 20, 2022 by anonymous

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Description : present the Counter Assistant is authorized to receive deposits and allow withdrawals up to Rs.--------------/- in savings accounts only under his own power without showing the documents to the Ledger Assistant and the Supervisor. a) 5000 b) 2000 c) 4000 d) None of these

Last Answer : a) 5000

The following which shall be the personal responsibility of the Head Postmaster: a) Deciding claims in respect of Savings Certificates of deceased holders which lie within his power of decision and the safe custody of records relating to such claims(b) Signing and submission of savings certificates returns to the Postal Accounts Office in offices where there is no separate Selection Grade Official Incharge of the Savings Certificate branch. c) Sanctioning the transfer of savings certificates from one person to another.d) All the above

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Description : When Compared to basic savings accounts CDs are liquid and have interest rates?

Last Answer : more; lower

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Description : Do you know if banks will still give high interest rates on savings accounts compared to a regular checking account?

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Description : Forced Savings refer to - (1) Reduction of consumption consequent to a rise in prices (2) Taxes on individual income and wealth (3) Compulsory deposits imposed on income tax payers (4) Provident fund contribution of private sector employees

Last Answer : (1) Reduction of consumption consequent to a rise in prices Explanation: Forced saving is an economic situation in which consumers spend less than their disposable income, not because they want to ... free economy, this situation would normally result in increase in prices and inflow of more goods.

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Last Answer : A. Current Account Explanation: Banks cannot accept interest free deposits other than in current account.

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Last Answer : Reduction of consumption consequent to a rise in prices

Mark correct option relating to payment of certificate is held by or behalf of minor a) To him personally, if he himself applied for the savings certificate, b) For the use of the minor to any person, being a parent of minor or guardian of his property, as may be specified in that behalf in the form of application c) If no such person has been specified, to any guardian of the property of the minor appointed by a competent court, or where no such guardian has been so appointed to either parent of the minor, or where neither parent is alive, to any other guardian of the minor d) All the above

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If a certificate is lost, stolen or destroyed before issue or from the custody of the Post Office after issue but before delivery to the holder or received from the holder and kept in the custody of the post office, the loss a) Should be reported by the Postmaster to the Divisional Supdt b) Should be reported Head of the Circle and the Postal Accounts Office concerned c) The Sub Postmaster will submit the report through the Head Office d) The Head of the Circle shall investigate the matter in order to fix the responsibility and notify the loss/theft etc. in his monthly circular and send a report to the Director General, Posts indicating the circumstances under which the certificate were lost e) Al the above

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If a certificate is spoilt before issue a) Retuned to Circle Stamp depot duly attached to the monthly journal of certificates issued b) Retuned to Circle offece depot duly attached to the monthly journal of certificates issued c) The Postmaster will write the word "spoiled" in red ink on the certificate and affix the oblong M.O. Stamp and send the same to the Postal Accounts Office duly attached to the monthly journal of certificates issued d) None of these

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What is the trade off to putting money in savings accounts compared to a money market accounts or a certificate of deposits?

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