Using Online Banking Math Quiz

What is an ATM used for?

Withdraw money Balance your checkbook Order checks Write checks


Mr. R.K. Nair gets Rs. 6455 at the end of one year at the rate of 14% p.a. in a Recurring Deposit Account. Find the monthly instalment.

Rs. 300 Rs. 500 Rs. 100 Rs. 250


Mrs. Sangita deposited Rs.500 every month in a cumulative deposit account for 2 years at the rate of 7% per annum, then the amount she gets on maturity is

Rs 875 Rs 6875 Rs 10875 Rs 12875


Mr. Ramesh deposits Rs.250 per month for 1 year in a bank's recurring deposit account at the rate of 8% per annum, then the interest earned by him is

Rs 65 Rs 120 Rs 130 Rs 260


Recurring time deposit schemes are available in

Banks Post Offices Both Banks and Post Office None of the above


In a Recurring Deposit Account, if P= Rs.600; M.V. = Rs.24930; r=10%per annum, then the time (in years)for which the account is held will be ______

1 year 2 years 3 years 4 years