Lets say you are going to deposit $1000 in your bank for one year.
a. Savings account - 1% rate of interest - Interest earned = $10
b. Certificate of Deposit - 4% rate of interest - Interest earned = $40
checking account has little or 0% interest so I havent used it here.
Banks mobilize deposits by making finances and by investing in various financial markets. Basically deposit mobilization is related to the creation of credits. The banks would have special campaigns where they would interact with a lot of people and invite them to make deposits with their bank.
Money in a bank is stored in various forms, primarily as deposits in customer accounts. These deposits are recorded digitally in bank ledgers and can be accessed through ATMs, checks, or electronic transfers. Additionally, banks keep a portion of these deposits in cash reserves to meet withdrawal demands and invest the rest in loans and other financial instruments to generate revenue.
False. A hard pull on a bank's deposits typically indicates a withdrawal or decrease in customer deposits, which could affect its liquidity. However, banks do not directly loan money to the Federal Reserve; instead, they can borrow from the Fed through mechanisms like the discount window. The relationship between deposits and loans to the Fed is more complex and involves various monetary policy tools.
Fixed deposits come in various types to cater to diverse financial needs: Regular Fixed Deposits: Standard fixed-term deposits with a predetermined interest rate. Senior Citizen Fixed Deposits: Tailored for elderly individuals, offering higher interest rates. Tax-Saving Fixed Deposits: Provide tax benefits under Section 80C of the Income Tax Act. Cumulative Fixed Deposits: Interest is compounded and paid along with the principal at maturity. Non-Cumulative Fixed Deposits: Interest is paid at regular intervals, providing a steady income stream. Special Fixed Deposits: Customized options with unique terms and conditions, often offered by specific banks. Each type serves specific financial objectives, allowing investors to choose based on their preferences and requirements. Shriram Finance offering flexible tenures and returns of up to 9.20%* p.a. (Including 0.50%* p.a. for Senior Citizens and 0.10%* p.a. for Women)
A sand deposit is a natural accumulation of sand particles, typically formed by the erosion and weathering of rocks over time. These deposits can be found in various environments, such as riverbeds, beaches, deserts, and deltas. They often vary in size and composition, influenced by factors like wind, water flow, and geological processes. Sand deposits are significant for various uses, including construction, glass manufacturing, and as habitats for certain wildlife.
* Savings Account/Checking Account * Current Account * Fixed/Time Deposits * Recurring Deposits
Some examples of countries rich in mineral salt include Chile, the United States, China, and Australia. These countries have large reserves of salt deposits that are used for various industrial and culinary purposes.
* Savings Account/Checking Account * Current Account * Fixed/Time Deposits * Recurring Deposits
There are various formula of load calculation. Power equals current multiplied by the voltage. Power can also be computed by multiplying the resistance by the square of the current.
the straight line method and the writtne down method
Sediment deposits on dry land can form various landforms such as sand dunes, alluvial plains, and deltas. Over time, these deposits can accumulate and be cemented together to form sedimentary rocks.
Yes, in some areas in the past there were shallow seas in hot, desert environments which periodically flooded and evaporated, leaving deposits of various salts such as halite and anhydrite which were then buried by other sediments. Some of these deposits are now mined for the various salts.
Deposits of anthracite can be found in various countries around the world, including the United States, Russia, China, and South Africa. Additionally, smaller deposits can be found in countries such as Ukraine, Vietnam, and Australia.
the glacier deposits various rocks and sediment it displaced as it moved forward
Yes, there are titanium dioxide deposits in Nigeria. These deposits are found in various states such as Ekiti, Ogun, and Kwara. Titanium dioxide is a valuable mineral used in various industries such as paint, cosmetics, and food.
i ruule
Mineral deposits beneath Earth's surface that differ from the surrounding rocks are called "ore deposits." These deposits often contain valuable minerals or metals that can be economically extracted. They can form through various geological processes, such as igneous, sedimentary, or metamorphic activities. The specific composition and concentration of minerals in these deposits make them significant for mining and resource extraction.