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Commercial Banks
Which bank does keep the precious articles of public into its custody
Industrial bank
Central bank
Commercial bank
All the above
Author:
rikazzz
Comment
Commercial Banks
The part of deposit kept with the central bank is called
Cash reserve
Margin
Interest rate
All the above
Author:
rikazzz
Comment
Commercial Banks
What kind of power does commercial bank possess regarding credit creation
All the above are possible
No power
Limited power
Unlimited power
Author:
rikazzz
Comment
Commercial Banks
Which account is suitable for salaried and low income persons
Current account
Saving account
Fixed account
All the above
Author:
rikazzz
Comment
Commercial Banks
If the rate of interest (profit) on bank deposits is higher than the banks keep
None of the above
Less margin rate
Less cash reserve
More cash reserve
Author:
rikazzz
Comment
Commercial Banks
A commercial bank keeps less cash reserve if
Cleaning house facility is available
Rediscounting facility is available
Cheque is used in most of the transactions
All the above
Author:
rikazzz
Comment
Commercial Banks
The amount (capital) received by bank after issuing shares is called
Reserve capital
Issued capital
Paid up capital
Authorized capital
Author:
rikazzz
Comment
Commercial Banks
The commercial1may be
Foreign
All the above
Scheduled
Non-scheduled
Author:
rikazzz
Comment
Commercial Banks
The loans on which high rate of interest is charged
Medium term loans
Short term loans
Demand loans
Long term loans
Author:
rikazzz
Comment
Commercial Banks
Which of the following function is performed by commercial bank
Preparation of monetary policy
Credit creation
Issuance of currency notes
Rediscounting of bills
Author:
rikazzz
Comment
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