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Which of the following is a Commercial Bank? - Commercial Applications

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Question

Which of the following is a Commercial Bank?

Options

  • SBI

  • RBI

  • EXIM

  • None of these

MCQ

Solution

SBI

Explanation:

  1. Commercial banks are owned and controlled by the Government, private businessmen and foreign Businessmen. 
  2. State Bank of India and Bank of Baroda are examples of public sector banks.
  3. State Bank of India (SBI) is the largest commercial bank of our country.
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Chapter 14: Banking - EXERCISES [Page 254]

APPEARS IN

Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 14 Banking
EXERCISES | Q 2. | Page 254
Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 7 Banking and Bank Transactions
EXERCISES | Q 2. | Page 123
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