ODD ONE OUT: Primary Functions of Banks

• Accepting Deposits

• Granting of Loans and Advances

• Providing Continuity

ODD ONE OUT: Classifications of Bank Deposit

• Savings

• Fixed

• Recurring

• Overdrafts

ODD ONE OUT: Types of Bank Loans and Advances

• Discounting Bill of Exchange

• Fixed

• Cash Credits

• Overdrafts

ODD ONE OUT: Agency functions of Banks

• Transfer of Funds

• Periodic Collections

• Cash Credits

• Collection of Cheques

ODD ONE OUT: General Utility functions of Banks

• Underwriting of Shares

• Periodic Collections

• Project Reports

• Social Welfare Programs

ODD ONE OUT: Key Responsibilities and Functions of Corporations

• Selecting a CEO

• Managing Resources Effectively

• Increasing Profits

• Social Welfare Programs

These are entities established by formal political agreements between their members who have the status of international treaties.

• Corporations

• Trade Unions

• Development Agencies

• International Organizations

These are the most common form of business organizations

• Corporations

• Trade Unions

• International Organizations

• International Organizations

These are institutions that conduct business purely on the profit motive.

• Corporations

• Banks

• International Organizations

• International Organizations

These advances are given to current account holders. No separate account is maintained. All entries are made in the current account.

• Overdrafts

• cash credits

• loans

• savings