Functions of commercial bank

__________ 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