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WorksheetsBanking operations
Total questions: 20
Worksheet time: 20mins
Which bank enjoys monopoly power of Note issue?
NABARD
Commercial Bank
Central Bank
How do banks earn their money?
high initial bank account opening fees
allocating customers' money for daily expenses and company's money for quarterly bills
lending money at higher interest rates than what they are paying out for savings accounts
circulating printed money into the economy and keeping a percentage for daily operations
What is the name of Central Bank in India?
SBI
RBI
PNB
Deposits which are payable after the expiry of a fixed period are called -
time deposits.
demand deposits.
NONE
Banks accept deposits of money and saving from their customers. They attract it by paying customers . . .
(a)
The centre of the banking systems in most economies is the
(a)
Axis Bank is .......
Private Bank
Public sector bank
Cooperative Bank
Development Bank
Anything that's accepted in exchange for goods & services.
Currency
Money
Liquidity
Deferred Payment
