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State Whether the Following Statements Are True Or False: Commercial Banks Play an Important Role in Economic Development. - Economics

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प्रश्न

 State whether the following statements are TRUE or FALSE:   

Commercial banks play an important role in economic development. 

उत्तर

True, commercial banks play an important role in economic development.
Explanation:
By channelizing the surplus money from the public to loan seekers, the commercial banks create credit in the economy. Credit creation paves the path for the growth of the economy. Also, commercial banks play an important role in controlling money supply in the economy. Thus, commercial banks play an essential role in economic development.

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2010-2011 (March)

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संबंधित प्रश्न

Accepting deposits from the public is the................................. function of Commercial Bank.

(secondary / general / primary / incidental)


Explain different types of loans and advances provided by commercial banks.


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


Explain, with reason, whether you Agree or Disagree with the following statement.
Commercial banks provide many general utility services.


How do commercial banks create deposits? Explain.


State whether the following statement is true or false:

Central bank also performs commercial banking business.


Distinguish between the following :

Quantitative and Qualitative measures of credit control.


Answer the following question :

What are the different types of loans provided by commercial banks ?


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

Commercial bank can credit on the basis of primary deposit.


Give reason or explain the following statement:

Rate of interest on fixed deposit is high.


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

Commercial banks perform agency functions to earn profit.


Fill in the blank using proper alternatives given in the bracket:

.................consumption cannot be zero.


Fill in the blank using proper alternatives given in the bracket:

The primary function of commercial banks is to ...................


Write short Answer for the following question:

Explain various types of Bank 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.  


Write explanatory notes or answer the following. 

Explain the primary functions of Commercial bank. 


Answer with reasons whether you agree or disagree with the following statement: 

The commercial banks perform many useful works for the people. 


Fill in the blank with appropriate alternatives given below

__________ is a primary function of commercial banks.


Fill in the blank with appropriate alternatives given below

Every loan creates a __________.


State whether the following statement is True or False.

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


State whether the following statement is True or False.

Credit money is created by the central bank of a country. 


Give reason or explain the following statement:

Commercial banks provide agency functions to earn profits.


Distinguish between: 

Cash credit and overdraft facility 


Write short note on:

D-mat account 


Write short note on:

Long term loans 


Answer the following question:
What are the different types of loans provided by commercial banks? 


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

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


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


The Functions of commercial banks are broadly classified into ______.


Bank credit refers to ______.


Credit creation means.


Define Commercial banks.


Which of the following points indicates that RBI is controlling the commercial banks? 


What are the important features of a capitalist economy? 


The process of money creation or credit creation is done by ______


Which of the following points states that the open market operation helps in controlling credit creation?


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


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


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


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


Demand deposits include ______


High Powered Money includes ______


The word 'net' implies that ______ is to be included in the money supply.


Saving deposit in the Post office is a part of ______


Commercial Bank was facing a financial crisis due to the crisis of non-performing assets. It went to the RBI for help. What role will RBI play in such a case?


Which of the following statements is not true?


The Narrow concept of money includes ______


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