When two goods between two persons at a time are exchanged without the use of money , it is called
Credit
Loan
Barter system
Demand
Money is the most __________ asset
Current
Fixed
Liquid
Solid
Minimum reserve system relates
Method of note issue
Commercial banks keep certain portion of their deposits with the RBI
Commercial banks should keep certain portions of their deposits in cash
Customers are compelled to keep certain minimum balance with their deposits
Banks use the major portion of the deposit to
Keep reserve so that people may withdrawn
Meet their routine expenses
Extend loans
Meet renovations of the bank
Find out the primary function of money
Store of value
Measures units value of goods & services
Transfer of value
Standard for deferred payment
The first bank in India was established in
1770
1806
1801
1782
The essential feature of _______ is that the buyer and seller have to agree to sell or buy each others commodities.
Money
Deposit
Currency is issued in India by
Commercial Banks
Regional rural Banks
Nationalised Banks
Reserve Bank of India
___________ is the primary functions of commercial bank.
Credit creation
Providing loans
Accepting deposits
Transfer of funds
The Reserve Bank of India has been publishing data on ________ alternative measure of money supply.
Two
One
Three
Four