Recession proof my saving account

Recession proof my saving account
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1 Answer

Answer :

Unless you have more than $100,000 in an account, you should be okay (http://www.fdic.gov).
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What are some recession proof jobs?

Description : What are some recession proof jobs?

Last Answer : I also must add that I thought of becoming a medical examiner. My reasoning: people are always dying, so the money will always be flowing.

How to Recession-Proof Your Grocery Spending

Description : How to Recession-Proof Your Grocery Spending

Last Answer : It's something that none of us really want to think about but most of us can't avoid: the R-word. You know, the one that brings to mind visions of nose-diving stock prices, $6/gallon gas, and ... your grocery bills. We want to know: how do you cut down on your food costs when money is tight?

Disc compensators are provided in large diameter fuel gas carrying pipelines to (A) Keep the pipe in proper orientation (B) Make the pipe joint leak-proof (C) Account for contraction/expansion of pipe due to temperature changes of the surroundings (D) Account for the pressure variation side the pipeline

Description : Disc compensators are provided in large diameter fuel gas carrying pipelines to (A) Keep the pipe in proper orientation (B) Make the pipe joint leak-proof (C) Account for contraction/expansion ... due to temperature changes of the surroundings (D) Account for the pressure variation side the pipeline

Last Answer : (C) Account for contraction/expansion of pipe due to temperature changes of the surroundings

How is the chemical energy in glucose similar to money in a saving account?

Description : How is the chemical energy in glucose similar to money in a saving account?

Last Answer : It receives ATP as interest. The body stores glucose to utilizeenergy when you need it. This is similar to saving money in anaccount until you need the money for something.

Can a 529 Plan be transfered to the Coverdell Education Saving account?

Description : Can a 529 Plan be transfered to the Coverdell Education Saving account?

Last Answer : If you move money from a 529 account into a Coverdell Education Savings Account, you pay taxes and a penalty. It is only tax free if you move money FROM a Coverdell ESA to a 529 plan.

Which of the following High Courts has ruled that banks can recover bad loans from person‟s saving account if the agreement allows? A) Punjab and Haryana B) Madras C) Mumbai D) Assam E) Kerala

Description : Which of the following High Courts has ruled that banks can recover bad loans from person‟s saving account if the agreement allows? A) Punjab and Haryana B) Madras C) Mumbai D) Assam E) Kerala

Last Answer : B) Madras Explanation: If a debtor failed to settle the loan dues despite reminders from the bank, then the money could be recovered from his savings bank account, ruled the Madras High Court bench

Mark the correct option relating to Senior citizen saving account a) Account opening form is Form A & for closing Form Eb) Pay in Slip Form Dc) Account transfer form is From Gd) All the above

Description : Mark the correct option relating to Senior citizen saving account a) Account opening form is Form A & for closing Form E b) Pay in Slip Form D c) Account transfer form is From G d) All the above

Last Answer : d) All the above

Mark the correct option a) After maturity , the senior citizen account will be extended further 3 year b) The account continued after maturity, the deposit shall earn interest at the rate applicable to the new account opened. c) In case the account not extended on maturity and closed at any time the saving bank interest applicable d) There is no maximum time limit for PMI e) All the above

Description : Mark the correct option a) After maturity , the senior citizen account will be extended further 3 year b) The account continued after maturity, the deposit shall earn interest at the rate applicable to the ... bank interest applicable d) There is no maximum time limit for PMI e) All the above

Last Answer : e) All the above

Mark the correct option relating to Senior citizens saving scheme a) An individual of the Age 60 years or more may open the account b) An individual of the age of 55 years or more but less than 60 years who has retired on superannuation or under VRS can also open account within the one month of receipt the retirement benefits and not exceed the amount of retirement benefits c) The maturity period is 5 years d) All the above

Description : Mark the correct option relating to Senior citizens saving scheme a) An individual of the Age 60 years or more may open the account b) An individual of the age of 55 years or more but less than 60 ... and not exceed the amount of retirement benefits c) The maturity period is 5 years d) All the above

Last Answer : d) All the above

Present rate of Senior citizens saving scheme account is____ payable quarterly. a) 10% b) 9.3% c) 8.5 % d) 9.5%

Description : Present rate of Senior citizens saving scheme account is____ payable quarterly. a) 10% b) 9.3% c) 8.5 % d) 9.5%

Last Answer : b) 9.3%

Mark the correct option a) In case death of the one depositor of joint account holder , in the MIS account the account will be treated as single from the date of death of the account holder b) The surviving depositor will have withdraw the excess amount over and above the maximum limit of investment by single depositor. c) If this amount is not withdrawn, the excess amount will carry the normal saving bank interest d) All the above

Description : Mark the correct option a) In case death of the one depositor of joint account holder , in the MIS account the account will be treated as single from the date of death of the account holder b ... amount is not withdrawn, the excess amount will carry the normal saving bank interest d) All the above

Last Answer : d) All the above

Mark the correct option a) No subsequent deposit allowed less than Rs 5 in saving account b) No withdrawal is allowed less than Rs 5 c) No withdrawal shall be permitted which has the effect reducing the balance to less than fifty in single account and less than 500 in cheque account d) All the above

Description : Mark the correct option a) No subsequent deposit allowed less than Rs 5 in saving account b) No withdrawal is allowed less than Rs 5 c) No withdrawal shall be permitted which has the effect reducing the ... to less than fifty in single account and less than 500 in cheque account d) All the above

Last Answer : d) All the above

Mark the correct option a) A literate person can account with cheque facility b) No minimum amount is required for opening of Workers wage account c) Saving account can be opened by cash only d) All the above

Description : Mark the correct option a) A literate person can account with cheque facility b) No minimum amount is required for opening of Workers wage account c) Saving account can be opened by cash only d) All the above

Last Answer : d) All the above

Mark the correct option a) The final withdrawal in saving account made through SB 7 only b) In joint B saving accounts at the ti c) Saving account of deceased depositor can not be transferred from one post office to another post officed) All the above

Description : Mark the correct option a) The final withdrawal in saving account made through SB 7 only b) In joint B saving accounts at the ti c) Saving account of deceased depositor can not be transferred from one post office to another post office d) All the above

Last Answer : d) All the above

What is the fee for transfer of saving account from one post office to another post office? a) Rs 5/- b) Rs 10/- c) Rs 1/- shape of postage d) Free

Description : What is the fee for transfer of saving account from one post office to another post office? a) Rs 5/- b) Rs 10/- c) Rs 1/- shape of postage d) Free

Last Answer : d) Free

What is the fee for issue of duplicate passbook in saving account? a) Rs 20/- b) Rs 10/- c) Rs 5/- d) Free

Description : What is the fee for issue of duplicate passbook in saving account? a) Rs 20/- b) Rs 10/- c) Rs 5/- d) Free

Last Answer : b) Rs 10/

After how many consecutive years without any transaction a saving account is treated as silent account? a) 2 years b) 3 years c) 4 years d) 5 years

Description : After how many consecutive years without any transaction a saving account is treated as silent account? a) 2 years b) 3 years c) 4 years d) 5 years

Last Answer : b) 3 years

What is minimum amount may be withdrawn by a cheque from a cheque saving account? a) Rs 500/- b) Rs 100/- c) Rs 100/- d) Rs 20/

Description : What is minimum amount may be withdrawn by a cheque from a cheque saving account? a) Rs 500/- b) Rs 100/- c) Rs 100/- d) Rs 20/

Last Answer : d) Rs 20/

Mark the correct option a) Minor cannot appoint a messenger for making withdrawal from SB account b) At the time of making a withdrawal by cheque from saving account not necessary to provide pass bookc) The amount annual interest added in a saving account may not be treated as transaction in that accountd) All the above

Description : Mark the correct option a) Minor cannot appoint a messenger for making withdrawal from SB account b) At the time of making a withdrawal by cheque from saving account not necessary to provide pass book ... added in a saving account may not be treated as transaction in that account d) All the above

Last Answer : d) All the above

Up to what amount payment order for withdrawal from saving account may be sanctioned by a branch postmaster? a) Rs 500/- b) Rs 2500/- c) Rs 5000/- d) Rs 10000/

Description : Up to what amount payment order for withdrawal from saving account may be sanctioned by a branch postmaster? a) Rs 500/- b) Rs 2500/- c) Rs 5000/- d) Rs 10000/

Last Answer : c) Rs 5000/

How many saving accounts can be opened by a guardian on behalf of a minor? a) Only one account can be opened on behalf of one minor by one guardian i.e either mother or father b) Only two account can be opened on behalf of one minor by both the father and mother c) No min limit d) None of these

Description : How many saving accounts can be opened by a guardian on behalf of a minor? a) Only one account can be opened on behalf of one minor by one guardian i.e either mother or father b) Only two account can be opened on behalf of one minor by both the father and mother c) No min limit d) None of these

Last Answer : a) Only one account can be opened on behalf of one minor by one guardian i.e either mother or father

What is the minimum age for opening a single saving account by a minor himself in his name? a) 10 years b) 14 years c) 18 years d) No min age limit

Description : What is the minimum age for opening a single saving account by a minor himself in his name? a) 10 years b) 14 years c) 18 years d) No min age limit

Last Answer : a) 10 years

How many adult may open a joint saving account? a) Two b) Three c) Two or three d) None of these

Description : How many adult may open a joint saving account? a) Two b) Three c) Two or three d) None of these

Last Answer : c) Two or three

A BO bag sent a branch office by its account office must always contain BO slip and it may contain a) Postal order for issue/payment b) Money order for payment c) Cash bag containing cash/stamp, SB document, and saving certificates d) All the above

Description : A BO bag sent a branch office by its account office must always contain BO slip and it may contain a) Postal order for issue/payment b) Money order for payment c) Cash bag containing cash/stamp, SB document, and saving certificates d) All the above

Last Answer : d) All the above

An account bag from the Head Office to Sub office contain a) The SO slip, b) A cash bag containing cash including postage stamps c) IPO, Saving certificate, for sales d) SB Slip (SB 27), BO daily account after check, Blank MO forms for sale e) All the above

Description : An account bag from the Head Office to Sub office contain a) The SO slip, b) A cash bag containing cash including postage stamps c) IPO, Saving certificate, for sales d) SB Slip (SB 27), BO daily account after check, Blank MO forms for sale e) All the above

Last Answer : e) All the above

The Saving bank act 1873 does not apply to a) 5 Year RD accounts b) TD accounts c) Account opened through agents d) Sanchaya ka accounts

Description : The Saving bank act 1873 does not apply to a) 5 Year RD accounts b) TD accounts c) Account opened through agents d) Sanchaya ka accounts

Last Answer : d) Sanchaya ka accounts

How many times have you been hit by great recession so far?

Description : How many times have you been hit by great recession so far?

Last Answer : 2008. We lost a very profitable speciality construction business, and then our house and land. Still haven't really recovered , that is, we've never come close to making as much money as we did ... -lost rich aunt dying and leaving us everything in her will - I'll probably never own another home.

Is Trump blaming illegal Mexican immigrants for the Great Recession of 2008?

Description : Is Trump blaming illegal Mexican immigrants for the Great Recession of 2008?

Last Answer : Do you have a reference?

What benefits has America experienced in the wake of the recession?

Description : What benefits has America experienced in the wake of the recession?

Last Answer : answer:A long term benefit is the restructuring of the housing finance market. It still has a long way to go, and a lot of people were hurt from 2007 to 2010; but it has gotten at least ... falsified mortgages and low cost enticing loans. In th along run, that will make the economy a bit healthier.

Is the prevalence of zombies in popular culture related to the economic recession?

Description : Is the prevalence of zombies in popular culture related to the economic recession?

Last Answer : As far as horror movies go, zombies started getting a lot of attention again in the early 00's, when movies and remakes would come forth like mad. I saw this lasting pretty much until now, and I figured it ... 's beyond me. I just like zombies, and I liked them years before they ' were cool again''.

Has the recession made you kinder?

Description : Has the recession made you kinder?

Last Answer : No, I am unchanged. Kind as always.

If we added an extra day within a week would we recover from recession or worsen?

Description : If we added an extra day within a week would we recover from recession or worsen?

Last Answer : Is the new day a week day or on the weekend?

Should we try to increase inflation to end the Great Recession?

Description : Should we try to increase inflation to end the Great Recession?

Last Answer : You know, I find it almost impossible to get involved in a theoretical debate when this Congress can’t or won’t do anything constructive.

How confident are you in the capabilities of the US government to revert the recession?

Description : How confident are you in the capabilities of the US government to revert the recession?

Last Answer : it will not happen under the current administration

Is the recession affecting you?

Description : Is the recession affecting you?

Last Answer : answer:Luckily it has not. I don't drive, so I'm not personally concerned about rising gas prices. I have noticed the cost of food has gone up overall, but not enough to be terribly upset about. No ... my family has lose their job or house either. In fact, my mother bought a house about a year ago.

Is it possible to keep the ecomomy at constant growth or are we always doomed to a recession?

Description : Is it possible to keep the ecomomy at constant growth or are we always doomed to a recession?

Last Answer : I believe everything in life is cyclical so there will always be recessions. The difference is the way we approach them to determine how long they will last.

Are we in a double dip recession here in the US?

Description : Are we in a double dip recession here in the US?

Last Answer : answer:No. The economy is still growing, just not very rapidly. The technical definition of a recession is two straight quarters of GDP shrinkage. The latest numbers on GDP growth, jobs and trade ballance are ... and somehow think that porsperity will come to us as long as we do nothing to help it.

Are we in a double dip recession or is it just slow growth?

Description : Are we in a double dip recession or is it just slow growth?

Last Answer : My vote is slow growth, and the growth is not a perfectly straight line on the way up, it zigs and zags a little, you have to look at overall trends.

Will we have a double dip recession in 2010?

Description : Will we have a double dip recession in 2010?

Last Answer : answer:There are many who refuse to believe that we have had a recession, but considering that many companies have figured out how to make a profit without hiring and the true extent of unemployment ( ... still tend to head downwards. But as long as the CEOs are collecting record bonuses, who cares?

When the G20 convenes in Korea... should world leaders loosen up on credit? Are more safeguards in place? I'd like for the world to pull out of this recession someday.

Description : When the G20 convenes in Korea... should world leaders loosen up on credit? Are more safeguards in place? I'd like for the world to pull out of this recession someday.

Last Answer : They should come up with strategies to slow down the creation of speculative bubbles.

Is recession still in prevalance?

Description : Is recession still in prevalance?

Last Answer : answer:I think the worldwide recession is still up and running. I suppose it depends on what your job is, how safe' you think your job is, and which departments people are being laid off in within ... will be taking home a salary each month. We are in uncertain times with regards to the job market.

Where can I find information about Britain and another country going through the recession?

Description : Where can I find information about Britain and another country going through the recession?

Last Answer : Online newspaper and magazine databases; available through your local library. Tons of info!

What would you do if you were invited to a recession-theme party...that wasn't affordable?

Description : What would you do if you were invited to a recession-theme party...that wasn't affordable?

Last Answer : I don't mean to be harsh, but . . . if your friend chooses to associate with shallow, tasteless, insensitive people, I think she should expect to pay the price of their friendship. What would I do? ... it might be a lost cause, to judge from the fact that she is even thinking about doing this.

How has this recession affected you?

Description : How has this recession affected you?

Last Answer : Haven’t gotten any callbacks on the resumes I’ve sent in for job openings. I don’t know if this means I’m underqualified or that people with much better qualifications are applying for the same jobs.

When do you think the recession will end or get easier?

Description : When do you think the recession will end or get easier?

Last Answer : Sounds like you are from England - Welcome to Fluther! I don't have a good answer for you; seems like each columnist that I read has a different take on it. Some of the thinking seems to ... terms of going into a Great Depresssion scenario but that it will be a slow and possibly jobless recovery.

So many businesses and lines of work have been hurt by the recession. What is thriving?

Description : So many businesses and lines of work have been hurt by the recession. What is thriving?

Last Answer : Collection agencies.

Are you going to miss the recession?

Description : Are you going to miss the recession?

Last Answer : I do miss recess

If there is a global recession then why do all companies just not cut prices?

Description : If there is a global recession then why do all companies just not cut prices?

Last Answer : The problem is that it's the companies which are losing money, which is why employees' income is being reduced and people are losing their jobs. If the companies cut their profits, more ... more expensive things which will cause other companies to lose money. It's a downward-spiral unfortunately.