BANKING

How many banks got nationalized in second phase of nationalization

• 6

• 5

• 4

• 3

. General Utility functions includes

• Locker facility

• Traveler’s cheque

• Letter of Credit

• All of the above

Bank operations which is confined to a single office

• Branch Banking

• Unit Banking

• Investment Banking

• Group banking

There are no restrictions of withdrawals on ____________________ .

The Banking Regulation Act was passed in the year

• 1949

• 1959

• 1969

• 1989

Which of the following banks are nationalized

• Punjab National Bank

• Syndicate Bank

• United Bank of India

• All of the above

Rates of interest are higher for

• Savings deposit A/C

• Recurring deposit A/C

• Fixed deposit A/C

• Current deposit A/C

The First Commercial Bank started in India

• Bank of Calcutta

• Bank of Bombay

• Bank of Madras

• Imperial Bank of India

Overdraft Facility is provided to

Collection of Dividend on shares and interest on debenture is-------------- function