I and II module revision

Which are some of the need of Banks in India.

• Generates employment

• Provides loans

• Safeguards deposits

• All of the above

Which is an example of Foreign Bank?

• State Bank of India

• Citi Bank

• Axis Bank

• Standard Chartered Bank

Accepting deposits and Granting loans are the ______ functions of Bank

• Primary

• Secondary

• Commercial

Safety lockers facility is a _____ type of function of a Bank.

• Primary function

• Granting Advances

• Utility Function

• Agency function

Who issues one rupee currency in India along with coins?

• RBI

• Commercial Banks

• HDFC Bank

• Ministry of Finance

NABARD was established on

• 12th July 1982

• 11th May 1998

• 19th November 1999

• 15th June 1985

Role of NABARD is

• Agriculture and Rural development

• Industrial develpoment

• Infrastructure development

Fixed deposit is a type of -

• Demand deposit

• Flexi deposit

• Time deposit

• Currency deposit

Which type of deposit works in compound interest

• Savings deposit

• fixed deposit

• Re-investment deposit

• Call deposits

Which deposit gives you zero interest?

• Savings deposit

• Current deposit

• Recurring deposit

• Fixed deposits