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प्रश्न
Briefly explain about Correspondent Banks?
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उत्तर
A bank in a country can appoint another bank in a foreign country to act as a correspondent bank.
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संबंधित प्रश्न
Any ‘five types’ of banks.
Distinguish between the following:
Current account & Recurring deposit account
State with Reasons whether the following statement is TRUE or FALSE.
Overdraft facility is given to saving account holders.
Distinguish between:
Fixed Deposit Account and Recurring Deposite Account.
The ______ of a country serves as the leader of the banking system and the money market.
Central bank is owned by the ____ while commercial bank is owned by ______.
What is a commercial bank?
What is a Banker’s Cheque?
What is the main function of commercial banks like SBI and HDFC?
Which type of bank provides only basic banking services and is not allowed to give loans?
