Basics of Banking - Crossword Puzzle
Across
- 1. : A process every bank must follow before opening an account
- 4. : Person authorized to receive account proceeds in case of death
- 5. : 10-character code used for financial transactions and taxation
- 7. : Mobile-based payment system allowing transfers using a virtual ID
- 8. : 12-digit identity number issued by UIDAI, used for KYC
- 10. : Money kept in a bank account for safekeeping
- 12. : Real-time gross settlement system for high-value transfers
- 13. : Money borrowed from a bank that must be repaid with interest
Down
- 2. : A type of account mainly used for frequent business transactions
- 3. : Type of interest calculated on both principal and previous interest
- 6. : Instant fund transfer system available 24x7
- 8. : A self-service machine for cash withdrawal and deposits
- 9. : The central bank of India that controls monetary policy
- 11. : Record of a customer’s account transactions updated at the branch
- 14. : System used for electronic fund transfers in batches