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WorksheetsBanking
Total questions: 10
Worksheet time: 5mins
___________ act as a bridge between savers and borrowers.
Mobile companies
Banks
Courier company
Railway
In the circular flow of economy, banks act as a
Financial intermediary
Agent
office
None of these
The bank which regulate banking industry is called
State Bank
Central Bank
Icici Bank
HdFC bank
The central bank of India is
State bank of India
Bank of Bikaner
Axis Bank
Reserve Bank of India
Lender of last resort is the function of
Commercial Banks
Central Bank
Government
None of these
Only Public Sector Bank can be a scheduled bank.
True
False
Partly true
None of these
Banks providing retail banking services to customer are called
Central bank
Commercial bank
Blood bank
Eye bank
Accepting deposit and granting loan is the ______ of commercial banks.
Primary function
Secondary function
Agency function
Utility function
No interest is paid on _______ deposit
Savings
Recurring
Fixed
Current
KYC stands for
Know your consumer
Know your client
Know your customer
Know your coach
