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प्रश्न
What are time (or fixed) deposits?
एका वाक्यात उत्तर
उत्तर
Time deposits refer to those deposits which are payable by the banks after a fixed period of time.
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Commercial Banks: Functions
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
संबंधित प्रश्न
Discuss any five advantages of having a bank account.
Explain briefly the five agency functions of a commercial bank.
Which of the following does not belong to the group?
What are term/time deposits?
Explain any one type of term deposit.
Commercial Banks are the lender of the last resort.
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 are saving bank accounts?
