Which of these are the functions of commercial banks?

Functions of Commercial Banks

Quiz
•
Education
•
11th Grade
•
Medium
Munnera acc
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Acceptance of deposits
Lending of funds
Cheque facility
All of these
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Multiple option deposit accounts come under which of the following functions of commercial banks?
Cheque facility
Lending of funds
Acceptance of deposits
None of theses
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money is deposited in the account for a fixed period is called as ______
Current account
Deposit account
Savings account
Fixed account
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Current deposit Accounts are opened by businessmen. The account holder can deposit and Withdraw money. Whenever desired.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person can open this account by depositing a small sum of money. He can withdraw money from his account and make additional deposits at will. Account holder also gets interest on his deposit. What account is been discussed hear?
Savings account
Deposit account
Current account
None of theses
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