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प्रश्न
Identify the agency functions of the commercial banks from the following:
विकल्प
Accepting deposits
Giving outloans
Acting as a trustee of the property of the customers
Providing general utility services
उत्तर
Acting as a trustee of the property of the customers
APPEARS IN
संबंधित प्रश्न
______ is a revolving credit arrangement.
State one point of difference between Cash Credit and Overdraft.
State the differences between a loan and an overdraft.
Commercial banks accept deposits, lend money and provide other services.
Commercial Banks are the lender of the last resort.
A ______ is meant for day to day transactions.
Give two advantages of depositing money with commercial banks.
What is meant by demand deposits?
Explain how banks can advance loans through cash credit.
What are time (or fixed) deposits?