Advertisements
Advertisements
प्रश्न
A commercial bank accepts deposits from the people for the purposes of giving loans and making investments.
पर्याय
True
False
उत्तर
The statement is True.
Explanation:
A commercial bank's primary functions include accepting deposits from individuals and businesses and using those deposits to provide loans and make investments.
APPEARS IN
संबंधित प्रश्न
SLR stands for ______
Name one commercial bank in India.
Assertion (A): Central Bank provides loans to the commercial bank in the situation of financial distress.
Reasoning (R): Central Bank can order the government to help the bank facing the financial crisis.
Identify the agency functions of the commercial banks from the following:
State the differences between a loan and an overdraft.
Distinguish between fixed deposit and demand deposit. (Any two)
Which account holder gets Overdraft facility?
Mention primary functions of commercial banks.
Explain three important functions of a commercial bank.
What are time (or fixed) deposits?
