Banking

    Commercial Banks
    Commercial bank creates credit
    Discounting of Bills: Provides immediate funds to bill holders, increasing the money supply. Advancing Loans: Increases the money supply by creating new deposits when loans are disbursed. Investment: Infuses funds into the economy by purchasing securities, thereby creating credit. Each of these activities contributes to the overall creation of credit in the financial system, which in turn supports economic growth and development.
    Beginning and Evolution of Bank
    Which bank was formed under the royal order
    Negotiable Instruments
    If drawer of a cheque signs on its back for transferring the rights to another person is called
    Negotiable Instruments
    A person who writes the bill is called
    Negotiable Instruments
    Promissory note drawn by two or more persons is called
    Commercial Banks
    Which bank does accept the deposits from public
    Commercial Banks
    Which of the following is meant for presenting a summary and balance of accounts of bank customers
    Bank Accounts
    Pay-in-slip is a written evidence of
    Central Bank
    The external value of local currency is stabilized through
    Negotiable Instruments
    Who did print the cheque in special form for the first time or firstly