Economics · Banking and Finance

Which type of bank account allows the account holder to withdraw funds at any time without any prior notice?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Current Account✓
2Time Deposit Account
3Recurring Deposit Account
4Fixed Deposit Account

Correct answer

Current Account

Download Single Question PDF

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Share with Friends & Study Groups

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Preparing for Economics?

Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.

Attempt Banking and Finance MCQs →All Mock Tests

Chapter Practice

Want more practice questions on Banking and Finance?

Solve complete topic-wise tests with detailed solutions on GkGet.

Practice Banking and Finance MCQs →

Recommended practice questions in Economics · Banking and Finance

Browse More Economics →

A commercial bank is experiencing a liquidity crunch, a high Credit-Deposit (CD) Ratio of 85%, and spiked call money rates. To manage its liquidity effectively for the fortnight without liquidating its Held to Maturity (HTM) G-Sec portfolio, which immediate strategy should the bank adopt?

Solve Question→

The SARFAESI Act, 2002 enables banks in India to:

Solve Question→

Which type of bank account allows the account holder to withdraw funds at any time without any prior notice?

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions

Which type of bank account allows the account holder to withdraw funds at any time without any prior notice?

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Related Practice Questions

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions