commerce

for the bank the amount of money in the account of the accountholder is called

• profit

• deposit

• interest

• loan

Which bank accept the deposits from the public___________

• state bank

• mortgage bank

• commercial bank

• All of the above

which is not a primary function of commercial bank____________

• accepting deposit

• granting loans

• overdraft

• collection and payment of cheques

__________ deposits carry high rate of interest

• saving

• fixed deposit

• recurring deposit

• current deposit

i'm an institution which perform the function of accepting deposit lending funds and making an investment with the main aim of profit maximization. who am i ?

• central bank

• commercial bank

• government

• none of these

The largest commercial bank of india

• ICICI

• SBI

• PNB

• RBI

Commercial banks is lending money in order to earn interest is ________

• Granting loans and advance

• Accepting Deposits

• Creation of credit

Sec 25 company can open ________Account

• Saving Deposits

• Current Deposits

• Fixed deposits

• Recurring Deposits

These Deposits are repayable on demand on any day is called _________

• Demand Deposits

• Time Deposits

• Advances

• Loans

No interest is paid for the balance of this account is called_________

• Saving Deposits

• Current Deposits

• Fixed Deposits

• Recurring Deposits