_________ helps to promote saving habits of the people.
Savings deposit
Fixed deposit
Current deposit
Recurring deposit
The objective of _________ is to extend financial services to low income groups.
LIC
Micro finance
ICICI
SBI
A scheduled commercial bank is one :
Which is included in the Second Schedule of the RBI Act 1934
Which is included in the Banking Regulation Act, 1949
Both (a) and (b)
None of the above
The largest commercial bank in India.
State Bank of India
South Indian Bank
Co-operative Bank
ICICI Bank
The institutions which operate in the financial sector but not rendering banking services are called
Non-Banking Financial Institutions
NABARD
_______ are suitable for depositing money for a fixed period.
Current deposits
Fixed deposits
Savings deposits
Recurring deposits
It acts as a medium of exchange, a measure of value, a standard of deferred payment and a store of value.
Income
Profit
Money
Interest
In which Central bank function?
Issue of paper currency
Lending of money
To deal in bills
To accept deposits
Characteristic of Good Banking System
Regulation of credit
Advancing of loans
Accepting deposits
Modernisation
The first public bank was
Rural Bank
PNB
Bank of Venice
