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Commercial Banks
Commercial bank advices its customers on
Household matters
All the above
Political matters
Financial matters
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Comment
Commercial Banks
For its customers a commercial bank sells and buys
Property
Securities
All the above
Foreign5
Author:
rikazzz
Comment
Commercial Banks
Overdraft facility is only provided on
Saving account
Current account
Fixed account
All the above
Author:
rikazzz
Comment
Commercial Banks
The important basic kinds of accounts opened in commercial banks are
Three
Countless
Four
Two
Author:
rikazzz
Comment
Commercial Banks
The amount in fixed deposit can be
None of the above
Deposited many times
Deposited only once
Withdrawn many times
Author:
rikazzz
Comment
Commercial Banks
Commercial bank creates the following money
Metallic
Credit
All the above
Paper
Author:
rikazzz
Comment
Commercial Banks
Current account is suitable for
Salaried persons
Business community
None of the above
Capitalists
Author:
rikazzz
Comment
Commercial Banks
The loan which can be demanded by bank by bank at anytime
Demand loans
Bills of exchange
Overdraft
All the above
Author:
rikazzz
Comment
Commercial Banks
The kind of loan according to issue
All of the above
Discounting of bill
Mortgage loan
Cash credit
Author:
rikazzz
Comment
Commercial Banks
Why commercial banks keep a certain amount of money as reserve
Expanding the banking business
Meeting the requirements of customers
Acquiring the satisfaction of having cash
Meeting the requirements of central bank
Author:
rikazzz
Comment
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