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Question
Fill in the blank using proper alternatives given in the bracket:
............................... is a primary function of commercial bank.
Options
Purchase and sell securities
Accept deposits
Safe deposit vault
Letter of credit
Solution
Accept deposits.
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RELATED QUESTIONS
Providing safe deposit vault facility is the only general function of commercial banks.
The ratio of total deposits that a commercial bank has to keep with Reserve Bank of India is
called:( choose the correct alternative)
(a) Statutory liquidity ratio
(b) Deposit ratio
(c) Cash reserve ratio
(d) Legal reserve ratio
Write explanatory note.
Primary functions of commercial bank.
Write explanatory notes or answer the following.
Explain the primary functions of Commercial bank.
Answer with reasons whether you agree or disagree with the following statement:
The commercial banks perform many useful works for the people.
Fill in the blank with appropriate alternatives given below
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Distinguish between:
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D-mat account
Write short note on:
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Answer the following question:
What are the different types of loans provided by commercial banks?
Credit creation means.
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______ is the total liability of the monetary authority of the country.
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M3 and M4 are known as ______ money.
Consider the following statements:
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- 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?
Kalpana said that Commercial Bank is the controller of credit. Geeta said that the Central Bank is the controller of credit. Bobby said that both the commercial bank and the Central Bank are the controller of credit. Who among them is not correct?
Saving deposit in the Post office is a part of ______
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?
