Functions of commercial bank

Functions of commercial bank

11th - 12th Grade

8 Qs

quiz-placeholder

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Functions of commercial bank

Functions of commercial bank

Assessment

Quiz

Education

11th - 12th Grade

Practice Problem

Medium

Created by

Sonam Jajoo

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

__________ account is usually opened by businessmen, corporations, public bodies etc.

Saving

Current

Fixed

Recurring

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Facility through E-banking is provided through____________.

Telephone

T.V

Internet

Radio

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

ATM facility is a part of Primary functions.

True

False

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

There is no difference between primary deposit and secondary deposit of a commercial bank.

True

False

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Functions of Commercial bank

Primary functions

Agency functions

Secondary functions

a and c

none of them

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

___________ 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

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Dematerialization account is useful to investors who deal in shares.

True

False

8.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

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