Commercial bank mcq
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 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 …
Commercial bank mcq
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WebFeb 9, 2024 · A Commercial Bank is a financial institution that accepts deposits, offers checking and savings account services and make loans. State Bank of India is a commercial bank. It is an Indian multinational public sector bank and financial services statutory body. It is headquartered in Mumbai, Maharashtra. WebMoney 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: –.
WebJan 30, 2024 · Matching Type Multiple Choice Questions with answer of Money and Banking chapter class 12. Let’s Practice. From the set of statements given in Column I and Column II, Choose the correct pair of statemennts. Column – I. Column – II. A – Money Supply. (i) Total Volume of Money held by the government. B – M2. 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 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. WebJan 27, 2024 · Function of commercial bank (J) Accepting deposits: 10. Function of the central bank (G) Issuing notes: We hope the given NCERT MCQ Questions for Class 12 …
WebBanking, Commercial Banks, Central Bank, State Bank, and Financial Institutions Multiple Choice Questions (MCQs) Test with Answers. A REPO or repurchase agreement is a form of short-term _____ by the central bank. (A) borrowing (B) savings
hobby texas hotelsWebTest: 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, … hsm applicationWebAnswer: (C) Explanation: The Oudh Commercial Bank, sometimes known as the Awadh Commercial Bank, was an Indian bank that began operations in Faizabad in 1881 and … hobby textWebNon-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 … hobby text kitsWebBanking, 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. hobbytex south africaWebDec 21, 2024 · GK Team of Jagran Josh is providing you a set of 15 MCQs of the Indian Economy on the topic “Operations of Commercial Banks”. These questions are made after a deep analysis of this particular ... hobby texas weatherWebMar 22, 2024 · The correct answer is C. D. Deshmukh. Key Points. CD Deshmukh was the first Indian Governor of the Reserve Bank of India. Sir Chintaman Dwarakanath Deshmukh, CIE, ICS (14 January 1896 - 2 October 1982) was an Indian civil servant and the first Indian to be appointed the Governor of the Reserve Bank of India in 1943 by the British Raj … hs marching band