English

Fill in the Blank with Appropriate Alternatives Given Below Facility of E-banking is Provided Through __________ - Economics

Advertisements
Advertisements

Question

Fill in the blank with appropriate alternatives given below

Facility of E-banking is provided through __________

Options

  • telephone

  • debit cards

  • internet

  • credit cards

MCQ
Fill in the Blanks

Solution

Facility of E-banking is provided through internet.

Explanation:
With the help of Internet, all the branches of banks and consumers are connected mutually so that they can avail the facilities of banks at anytime and anywhere.

shaalaa.com
  Is there an error in this question or solution?
Chapter 12: Commercial Banking - Exercise 1 [Page 110]

APPEARS IN

Micheal Vaz Economics [English] 12 Standard HSC
Chapter 12 Commercial Banking
Exercise 1 | Q 1.4 | Page 110

RELATED QUESTIONS

Explain the primary functions of commercial banks.


Explain different types of loans and advances provided by commercial banks.


Every loan creates a ___________
[loss/ profit / deposit/ credit]

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

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


State whether the following statement is true or false:

Central bank also performs commercial banking business.


Distinguish between the following :

Quantitative and Qualitative measures of credit control.


Answer the following question :

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


Write short note on :

Credit Creation.


Explain with reason, whether you agree or disagree with the following statement:

Commercial banks perform agency functions to earn profit.


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

The primary function of commercial banks is to ...................


State whether the following statement is True or False with reason:

Commercial Banks cannot give interest on deposits.


 Fill in the blank with appropriate alternatives given in the bracket :

 Commercial banks create __________. 


Give reasons or explain the following statement: 

 Every loan creates a deposit.  


Write answers in ‘one’ or ‘two’ paras each.

What are the primary functions of commercial banks?  

 


Explain the following concepts or give definitions. 

Savings deposits 


State whether the following statements are True or False with reasons : 

 The interest is more on savings deposits.  


Define or Explain the concept

Current deposit


Distinguish between:

Central Bank and Commercial Bank


Fill in the blank with appropriate alternatives given below

Deposits from __________ account can be withdrawn without any notice.


State whether the following statement is True or False. 

Commercial banks are the backbone of modern economy. 


State whether the following statement is True or False.

There is no difference between primary deposit and secondary deposit of a commercial bank. 


Define explain the following concept.

Fixed deposits 


Define explain the following concept.

Safe deposit vault 


Define explain the following concept.

Discounting of bills 


Give reason or explain the following statement:

Commercial banks provide agency functions to earn profits.


Give reason or explain the following statement:

Saving account deposits are usually opened by salaried class. 


Distinguish between: 

Call loans and long term loans 


Distinguish between: 

Current account and saving account


Write short note on:

Long term loans 


Answer the following question:
What are the different types of loans provided by commercial banks? 


State with reason whether you agree or disagree with the following statement. 

A commercial bank create credit on the basis of primary deposit. 


Answer in detail:
Explain the process of credit creation. 


Answer in detail:
What are the secondary functions of commercial banks? 


State whether the following statement is True or False :

Loans given by banks for a period of less than five years is known as long - term loan.


A Commercial Bank is an institution that provides services ______.


Write the mechanism of credit creation by commercial banks.


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


______ is the total liability of the monetary authority of the country.


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


What role of RBI is known as 'lender of last resort'?


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


M3 and M4 are known as ______ money.


High Powered Money includes ______


The word 'net' implies that ______ is to be included in the money supply.


If the total deposits created by commercial banks is 10,000 crores and legal reserve requirements are 10%, the number of initial deposits will be ______


In the present COVID-19 situation, many economists have raised their concerns that the Indian economy may have to face a deflationary situation due to reduced economic activities in the country. Suppose you are a member of the high-powered committee constituted by the Reserve Bank of India (RBl). You have suggested that as the supervisor of commercial banks, ______ (restriction/release) of the money supply be ensured by the Reserve Bank of India (RBI).


Commercial Bank was facing a financial crisis due to the crisis of non-performing assets. It went to the RBI for help. What role will RBI play in such a case?


M3 = ______


The Narrow concept of money includes ______


It takes Rohan 30 minutes to do an economics assignment and one hour to do a finance assignment. What is the opportunity cost of you doing two economics assignments?


Ms. lqra Ansari, a teacher, was explaining in her class about various types of deposits with the commercial banks. She quoted that - "These deposits form a part of M1 measure of money supply and are payable on demand by the commercial banks."

Identify the type of deposits she was explaining about and choose the correct alternative:

  1. Demand Deposits
  2. Time Deposits
  3. Post Office Deposits

 Explain the functions of commercial bank.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×