Advertisements
Advertisements
प्रश्न
What do you mean by Industrial Banks?
Explain industrial banks.
Advertisements
उत्तर
- Huge amounts of finance required for investment, expansion, and modernisation of big industries and others are granted by a separate type of bank called development banks. They are also called industrial banks.
- Industrial banks are the banks which provide long-term finance, technical and managerial advice to industries. Their main aim is to assist in the promotion of new industrial units and in the expansion and modernisation of the existing units. IFCI is an industrial bank.
APPEARS IN
संबंधित प्रश्न
State with Reasons whether the following statement is TRUE or FALSE.
Overdraft facility is given to saving account holders.
Mention two differences between the Central Bank and a Commercial Bank.
Explain the different types of banks.
Choose the Correct Answer.
Which bank is not an Industrial Bank?
What are Foreign Banks?
Write a short note on Local Area Banks, Give two examples.
Distinguish between the Central Bank and the Commercial Bank.
Public Banks are the banks which are ______.
RBI is ______.
______ is the apex institution of the country's monetary and banking structure where as ______ is one of the organs of the money market.
Name one development bank.
Explain main functions of commercial bank.
Describe the advantages of opening a bank account.
What is a Banker’s Cheque?
______ are of several types, e.g., commercial, central, industrial, merchant, exchange, agricultural, cooperative, postal and indigenous.
Why was EXIM Bank set up in India?
Explain the four functions of the Reserve Bank of India.
Regional Rural Banks (RRBs) are primarily established to ______.
Which type of bank is most closely associated with foreign trade finance and foreign exchange services?
How do banks act as financial intermediaries in an economy?
