हिंदी

State Whether the Following Statement is True Or False. the Saving Bank Deposit Can Be Opened with a Small Amount. - Economics

Advertisements
Advertisements

प्रश्न

State whether the following statement is True or False.

The saving bank deposit can be opened with a small amount. 

विकल्प

  • True

  • False

MCQ
सत्य या असत्य

उत्तर

The savings bank deposit can be opened with a small amount. – True
Explanation: The above statement is true. A savings bank deposit can be opened with a small amount as specified by the banks. These accounts are generally opened by salaried people who wish to save a proportion of their income. A nominal amount of interest is paid on these deposits.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 12: Commercial Banking - Exercise 1 [पृष्ठ ११०]

APPEARS IN

मायकल वाझ Economics [English] 12 Standard HSC
अध्याय 12 Commercial Banking
Exercise 1 | Q 3.2 | पृष्ठ ११०

वीडियो ट्यूटोरियलVIEW ALL [4]

संबंधित प्रश्न

Explain the primary functions of commercial banks.


Providing safe deposit vault facility is the only general function of commercial banks.


Explain the components of Legal reserve Ratio.


 A bank is an institution which deals in money and _____________

(commodity money/credit/barter/standard money)


Every loan creates a ___________
[loss/ profit / deposit/ credit]

Distinguish between the following :

Quantitative and Qualitative measures of credit control.


State with reason. Whether you ‘agree’ or ‘disagree’ with the following statement: 

Commercial bank can credit on the basis of primary deposit.


Explain with reason, whether you agree or disagree with the following statement:

Commercial banks perform agency functions to earn profit.


Write short notes (Any Two) 

Types of loans of commercial bank.


State whether the following statement is True or False with reason:

Commercial Banks cannot give interest on deposits.


 Define of Explain the following concept: 

Recurring deposit  

 


Write answers in ‘one’ or ‘two’ paras each.

What are the primary functions of commercial banks?  

 


State whether the following statements are True or False with reasons : 

 The interest is more on savings deposits.  


Fill in the blank with appropriate alternatives given below

Deposits from __________ account can be withdrawn without any notice.


State whether the following statement is True or False. 

Commercial banks are the backbone of modern economy. 


State whether the following statement is True or False.

There is no difference between primary deposit and secondary deposit of a commercial bank. 


Define explain the following concept.

Fixed deposits 


Define explain the following concept.

Cash credit 


Define explain the following concept.

Safe deposit vault 


Give reason or explain the following statement:

Overdraft facility is provided to current account holders.


Write short note on: 

Derivative deposit 


State with reason whether you agree or disagree with the following statement. 

A commercial bank create credit on the basis of primary deposit. 


State with reason whether you agree or disagree with the following statement.

Commercial banks perform many general utility services.


Answer in detail:
Explain the process of credit creation. 


Answer the following question.
Explain the money creation function of commercial banks.


Bank credit refers to ______.


Credit creation means.


Explain the role of Commercial Banks in economic development.


CRR is ______ 


What are the important features of a capitalist economy? 


What is the effect of a rise in the rate of SLR on the creation of credit?


______ is the total liability of the monetary authority of the country.


Which of the following are the functions of a commercial bank? 


Which of the following are the other functions of a commercial bank?


What role of RBI is known as 'lender of last resort'?


Which of the following are the agency functions of commercial banks?


M3 and M4 are known as ______ money.


M4 = ______ + Total deposits with the Post Office Saving Organization (excluding National Saving Certificate).


How Public debt imposes a burden on the economy as a whole?


If reserve ratio is 10% and primary deposit is ₹1,250 crores, the total deposit created by commercial banks will be ______


Consider the following statements:

  1. M1 is a broad concept of money.
  2. M2 is a narrow concept of money.
  3. M3 includes both M1 and lime deposit of public with the bank.

Which of the following is true with respect to the concept of supply of money?


In the case of Gross Domestic Capital Formation, which one will be the part of it?


Which of the following statements is not true?


The Narrow concept of money includes ______


It takes Rohan 30 minutes to do an economics assignment and one hour to do a finance assignment. What is the opportunity cost of you doing two economics assignments?


Ms. lqra Ansari, a teacher, was explaining in her class about various types of deposits with the commercial banks. She quoted that - "These deposits form a part of M1 measure of money supply and are payable on demand by the commercial banks."

Identify the type of deposits she was explaining about and choose the correct alternative:

  1. Demand Deposits
  2. Time Deposits
  3. Post Office Deposits

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×