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प्रश्न
Identify the agency functions of the commercial banks from the following:
पर्याय
Accepting deposits
Giving outloans
Acting as a trustee of the property of the customers
Providing general utility services
उत्तर
Acting as a trustee of the property of the customers
APPEARS IN
संबंधित प्रश्न
Briefly explain how Cash Reserve Ratio can be used to control credit.
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 |
Differentiate between Savings Deposit and Current Deposit.
Differentiate between current deposit account and fixed deposit account.
Write short notes on the primary functions of commercial banks.
Identify the correct sequence of alternatives given in Column II by matching them with respective terms in Column I.
| Column I | Column II | ||
| A. | Function of Commercial bank | (i) | Initial deposits × `1/"LRR"` |
| B. | Money multiplier | (ii) | The difference between market value of the security and the amount of loan. |
| C. | Total money creation | (iii) | Acceptance of deposits |
| D. | Margin requirement | (iv) | `1/"LRR"` |
Mention two necessary conditions for a financial institution to become a commercial bank.
What is the difference between a loan and an overdraft?
Which of the following is a function of a commercial bank? Give a reason to support your answer:
What are time (or fixed) deposits?
