WorksheetsFunctions of commercial bank
Total questions: 8
Worksheet time: 3mins
__________ account is usually opened by businessmen, corporations, public bodies etc.
Saving
Current
Fixed
Recurring
Facility through E-banking is provided through____________.
Telephone
T.V
Internet
Radio
ATM facility is a part of Primary functions.
True
False
There is no difference between primary deposit and secondary deposit of a commercial bank.
True
False
Functions of Commercial bank
Primary functions
Agency functions
Secondary functions
a and c
none of them
___________ facility is available to the general public to enable them to keep there valuables such as shares, gold, silver ornaments etc.
Underwriting
Letter of credit
D-mat account
Safe deposit vault
None of them
Dematerialization account is useful to investors who deal in shares.
True
False
When commercial banks give loan for a period 5 year to 30 year they are referred as____________.
Short term loan
Medium term loan
Long term loan
