The Reserve Bank of India has been publishing data on ________ alternative measure of money supply.
Two
One
Three
Four
The first bank in India was established in
1770
1806
1801
1782
A __________ is a paper in instructing the bank to pay a specific amount from a person's account.
Loan
Demand deposit
Cheque
Currency
Liquidity is the ___________ functions of money.
Primary
Main
Secondary
Contingent
Commercial banks are also able to transfer funds of a customer to other customer’s account through
Cheques
Draft
Credit card
All the above
The primary functions of the commercial bank is
Making loans and advances
Discounting bills of exchange
Accepting deposits
Participating in the inter-bank borrowing
Money is the most __________ asset
Current
Fixed
Liquid
Solid
The second important function of commercial bank is
Agency function
Providing loan
Credit creation
Transfer of funds
The issue of currency is undertaken on behalf of state by the
State bank of India
Reserve Bank of India
Canara Bank
Federal Bank
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Keep reserve so that people may withdrawn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
