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Select the correct option and complete the following table. (RTGS, SIDBI, apex financial institution in banking industry of country, recurring deposit, long term loans) - Organisation of Commerce and Management

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प्रश्न

Select the correct option and complete the following table.

(RTGS, SIDBI, apex financial institution in banking industry of country, recurring deposit, long term loans)

Group A Group B
1 _________ fund transfer on real-time and gross basis
2. loans to meet long term capital requirements ________
3 ____________ Account operated by salaried and businessmen both.
4. Central bank _____________
5 _____________ Principal financial institution for MSMEs
सारिणी

उत्तर

Group A Group B
1 RTGS fund transfer on a real-time and gross basis
2. loans to meet long term capital requirements

long term loans

3 Recurring Deposit Account operated by salaried and businessmen both
4. Central bank apex financial institution in the banking industry of the country
5 SIDBI Principal financial institution for MSMEs
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Business Services - Banking
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 4: Business Services - EXERCISE [पृष्ठ ९०]

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बालभारती Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
अध्याय 4 Business Services
EXERCISE | Q 1. (G) | पृष्ठ ९०

संबंधित प्रश्न

Distinguish between the following:

Current account & Savings account


Find the odd one.


Find the odd one.


The term bank comes from the French word ______.


Correct the underlined word and rewrite the following sentence.

Overdraft facility is available for savings bank account holders.


Correct the underlined word and rewrite the following sentence.

The foreign bank is the apex financial institution in the banking industry in the country.


Explain the following term/concept.

Banking


State four types of deposits.


Explain the utility function of banks?


The word bank comes from French word _______.


What is exchange bank?


Correct the underlined word and rewrite the sentence.

The commercial bank is the apex financial institution in banking industry in the country.


Study the following case/situation and express your opinion

Shirish shifted some furniture to his office and issues a cheque of Rs. 20000/- to MV Movers Limited. Balance in his account is Rs. 15000 still bank clears the cheque. Shirish also wants to renovate his office so he applies for a loan of Rs. 25 lacs which bank sanctions and transfer the amount to loan account. But Shirish withdrew only Rs. 15 lacs. Shirish accepted a bills of exchange for Rs. 5 lacs drawn upon him by M/s. Creative Furnitures for supplying new furniture for his office it is due on 31st May, 2021 but M/s. Creative Furnitures needed money on 1st April, 2021. They got Rs. 4.75 lacs from the bank on the basis of the same bills of exchange.

  1. Name the type of account Shirish must be operating
  2. On which amount Shirish will have to pay interest on loan?
  3. Which service did the bank make available to easy M/s. Creative Furnitures while paying rupees 4.75 lacs?

Explain the following term/concept in detail.

Central Bank


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