Commercial bank mcq
WebDec 17, 2024 · The main function of commercial bank is : (a) Credit control (b) Loaning to other banks (c) Accept deposits from customers (d) All the above. Answer. Answer: (c) Accept deposits from customers. ... MCQ Questions for Class 8 Science Chapter 2 Microorganisms: Friend and Foe with Answers; Web16) “Scheduled bank” in India means a bank _____. a) Incorporated under the Companies Act, 1956 b) Authorized to the Banking business c) Governed by the Banking Regulation …
Commercial bank mcq
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WebAnswer: The importance of a commercial bank is as follows: Collecting savings and creating capital. Providing loans & investment. Creating medium of exchange. Expansion of home trade. Helping international trade. Role as agent. Creating employment. Assistance in the transfer of money. WebThe value of assets held by commercial banks in 2001 was $6.7 trillion dollars, making commercial banks the. Which among the following was set up by RBI in 1988 jointly with public sector banks and all India Financial Institutions to develop the money market & provide liquidity to money market instruments as sequel to Vaghul Working Group ...
WebCategory: Banking MCQs Banking, Commercial Banks, Central Bank, State Bank, and Financial Institutions Multiple Choice Questions (MCQs) Test with Answers. A REPO or … WebDetailed Solution. The term commercial bank refers to a financial institution that accepts deposits, offers checking account services, makes various loans, and offers basic financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses. A commercial bank is where most people do their banking.
WebJan 12, 2024 · The correct answer is Twitter.. Reserve Bank of India became the first central bank in the world to have more than one million followers on Twitter in November 2024.; Key Points. The Reserve Bank of India (RBI) is the central bank of India whose primary function is to manage and govern the financial system of the country.; The Reserve … WebTest: Commercial Banks for CA Foundation 2024 is part of Business Economics for CA Foundation preparation. The Test: Commercial Banks questions and answers have been prepared according to the CA Foundation exam syllabus.The Test: Commercial Banks MCQs are made for CA Foundation 2024 Exam. Find important definitions, questions, …
WebJan 21, 2024 · Statutory Liquidity Ratio - It is a minimum percentage of deposits that a commercial bank has to maintain in the form of liquid cash, gold, or other securities. Cash Reserve Ratio - The percentage of cash required to be kept in reserves, vis-a-vis a bank's total deposits, is called the Cash Reserve Ratio.
WebBanking, Commercial Banks, Central Bank, State Bank, and Financial Institutions Multiple Choice Questions (MCQs) Test with Answers. A fixed deposit for a particular time to earn interest is known as ... (MCQS) WITH ANSWERS FOR FPSC TEST, CSS PPSC NTS SPSC KPPSC TEST PREPARATION. General Knowledge MCQs 2024. cmastars.topWebMoney and Banking Class 12 MCQ with Answers. 1. The system, wherein trade can be carried out through the exchange of goods and services is called the: –. 2. Aman, a vegetable seller, exchanged 4 apples with Rahul, a cloth dealer for 1 meter of cloth. This is an example of: –. cad file naming standardsWebJul 21, 2024 · c) Currency held by the public and cash reserves with banks. d) Currency and demand deposits. 12. Money Supply refers to: a) Total volume of money held by the public at a particular point in time. b) Total volume of money held by the public over a period of time. c) Total volume of money held by the government. cad file house planWebNon-scheduled banks, by definition, are those that do not adhere to the RBI’s regulations. They are not mentioned in the Second Schedule of the RBI Act, 1934, and are therefore deemed incapable of serving and protecting depositors’ interests. Non-scheduled banks must also meet the cash reserve requirement, but not with reserve banks, but with … cma stands for accountingWebCommercial Lending. The Commercial Bank understands that business owners face daily challenges in running a successful operation. See what we all offer. COMMERCIAL … cma stands for real estateWebJan 13, 2024 · Commercial Bank Management Books. Below is the list of commercial bank management book recommended by the top university in India.. FRASER B W: Paper presented to Goldman Sachs & Co, Singapore, 14 December 1994, titled “The role and developments of local capital markets”, reprinted in the Reserve Bank Bulletin, … cma statistics canadaWebA central Bank differs from a commercial bank in that: I. It is the bank of the state II. It has largest reserves III. It oversees commercial banking system (A) I only ... ANSWERS: … cad file not visible in revit