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Define Commercial banks. - Economics

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प्रश्न

Define Commercial banks.

व्याख्या

उत्तर

Commercial bank refers to a bank, or a division of a large bank, which more specifically deals with deposit and loan services provided to corporations or large/middle-sized business – as opposed to individual members of the public/small business.

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पाठ 6: Banking - Model Questions [पृष्ठ १२३]

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सामाचीर कलवी Economics [English] Class 12 TN Board
पाठ 6 Banking
Model Questions | Q 21. | पृष्ठ १२३

संबंधित प्रश्‍न

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


 A bank is an institution which deals in money and _____________

(commodity money/credit/barter/standard money)


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


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

............................... is a primary function of commercial bank.


Answer the following question :

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


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  

 


Distinguish between:

Central Bank and Commercial Bank


Match the following:

Group A Group B
1. D-mat account a. Current account
2. Over draft facility b. Agency function
3. ATM facility c. Share brokers
4. Commercial bank d. General function
5. Credit creation e. Recurring account
  f. Profit making
  g. Central bank
  h. Commercial bank

State whether the following statement is True or False.

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


Define explain the following concept.

Fixed deposits 


Define explain the following concept.

Discounting of bills 


What are the primary functions of commercial banks? 


Explain the role of Commercial Banks in economic development.


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


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


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


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?


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