The institutions which operate in the financial sector but not rendering banking services are called
Non-Banking Financial Institutions
Micro finance
State Bank of India
NABARD
The largest commercial bank in India.
South Indian Bank
Co-operative Bank
ICICI Bank
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
_______ are suitable for depositing money for a fixed period.
Current deposits
Fixed deposits
Savings deposits
Recurring deposits
In India, financial year begins on
January 1
April 1
September 1
December 1
In which Central bank function?
Issue of paper currency
Lending of money
To deal in bills
To accept 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
When money is deposited at fixed intervals for a fixed period it is called
Savings deposit
Current deposit
Recurring deposit
Fixed deposit
On the basis of functions, banks are classified into ___________ types.
5
3
2
7
_________ helps to promote saving habits of the people.
