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Chapters
2: Consumer's Behavior
3: Demand Analysis
4: Elasticity of Demand
5: Producer's Behaviour
6: Forms of Market and Price Determination Under Perfect Competition
7: Factors of Production
8: Introduction to Macro Economics
9: National Income
10: Determinants of Aggregates
11: Money
▶ 12: Commercial Banking
13: Central Banking
14: Public Economics
![Micheal Vaz solutions for Economics [English] 12 Standard HSC chapter 12 - Commercial Banking - Shaalaa.com](/images/economics-english-12-standard-hsc_6:5f2b1b2038084cf381bfa42c826a928c.jpg "Micheal Vaz solutions for Economics [English] 12 Standard HSC chapter 12 - Commercial Banking")
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Solutions for Chapter 12: Commercial Banking
Below listed, you can find solutions for Chapter 12 of Maharashtra State Board Micheal Vaz for Economics [English] 12 Standard HSC.
Micheal Vaz solutions for Economics [English] 12 Standard HSC 12 Commercial Banking Exercise 1 [Page 110]
Fill in the blank with appropriate alternatives given below
Deposits from __________ account can be withdrawn without any notice.
saving
current
fixed
recurring
Fill in the blank with appropriate alternatives given below
__________ is a primary function of commercial banks.
Purchasing and selling securities
Accepting deposits
Safe deposit vault
Letter of credit
Fill in the blank with appropriate alternatives given below
Every loan creates a __________.
credit
deposit
profit
loss
Fill in the blank with appropriate alternatives given below
Facility of E-banking is provided through __________
telephone
debit cards
internet
credit cards
Match the following:
| Group A | Group B |
| 1. D-mat account | a. Current account |
| 2. Over draft facility | b. Agency function |
| 3. ATM facility | c. Share brokers |
| 4. Commercial bank | d. General function |
| 5. Credit creation | e. Recurring account |
| f. Profit making | |
| g. Central bank | |
| h. Commercial bank |
State whether the following statement is True or False.
Commercial banks are the backbone of modern economy.
True
False
State whether the following statement is True or False.
The saving bank deposit can be opened with a small amount.
True
False
State whether the following statement is True or False.
Credit money is created by the central bank of a country.
True
False
State whether the following statement is True or False.
There is no difference between primary deposit and secondary deposit of a commercial bank.
True
False
Micheal Vaz solutions for Economics [English] 12 Standard HSC 12 Commercial Banking Exercise 2 [Page 110]
Define explain the following concept.
Fixed deposits
Define explain the following concept.
Cash credit
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:
Overdraft facility is provided to current account holders.
Give reason or explain the following statement:
Saving account deposits are usually opened by salaried class.
Give reason or explain the following statement:
Rate of interest on fixed deposit is high.
Micheal Vaz solutions for Economics [English] 12 Standard HSC 12 Commercial Banking Exercise 3 [Page 110]
Distinguish between:
Call loans and long term loans
Distinguish between:
Current account and saving account
Distinguish between:
Cash credit and overdraft facility
Write short note on:
Derivative deposit
Write short note on:
E-banking facility
Write short note on:
D-mat account
Write short note on:
Long term loans
Micheal Vaz solutions for Economics [English] 12 Standard HSC 12 Commercial Banking Exercise 4 [Page 110]
Answer the following question:
Explain various types of deposits.
Answer the following question:
What are the different types of loans provided by commercial banks?
Micheal Vaz solutions for Economics [English] 12 Standard HSC 12 Commercial Banking Exercise 5 [Page 110]
State with reason whether you agree or disagree with the following statement.
A commercial bank create credit on the basis of primary deposit.
State with reason whether you agree or disagree with the following statement.
Commercial banks perform many general utility services.
Micheal Vaz solutions for Economics [English] 12 Standard HSC 12 Commercial Banking Exercise 6 [Page 110]
What are the primary functions of commercial banks?
Answer in detail:
Explain the process of credit creation.
Answer in detail:
What are the secondary functions of commercial banks?
Solutions for 12: Commercial Banking
Micheal Vaz solutions for Economics [English] 12 Standard HSC chapter 12 - Commercial Banking
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Concepts covered in Economics [English] 12 Standard HSC chapter 12 Commercial Banking are Commercial Banks.
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