Advertisements
Advertisements
प्रश्न
Which of the following does not belong to the group?
विकल्प
Accepting deposits
Giving loans
Controlling credit
Creating credit
उत्तर
Controlling credit
Explanation:
Commercial banks serve a variety of functions, including accepting loans, making loans, and producing credit, with the exception of credit control, which is handled by the Central Bank. The Central Bank regulates the credit extended by Commercial Banks to their customers through this function.
APPEARS IN
संबंधित प्रश्न
Define a commercial bank.
Explain any two Lending Money functions of Commercial Banks.
Match the following:
| 1 | Savings account | P | For a fixed time period |
| 2 | Current account | Q | Deposited at an equal time period |
| 3 | Recurring account | R | No interest is paid |
| 4 | Fixed deposit | S | Nominal restriction in no. of withdrawals |
Which account holder gets Overdraft facility?
Distinguish between:
cash credit and loan.
Mention any two agency functions/services of a commercial bank.
Observe the relationship of the first pair of word and complete the second pair.
The primary function of a commercial bank : Acceptance of deposit, the agency function of a commercial banks : ______.
Overdraft facility is usually availed by ______.
What is meant by demand deposits?
Give two differences between recurring deposits and fixed deposits.
