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प्रश्न
Give the meaning of Commercial Banks?
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उत्तर
Banks that accept deposits from the public and grant loans to traders, individuals, agriculture, industries, transport, etc., in order to earn profit.
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संबंधित प्रश्न
Reserve Bank of India cannot accept deposits from public.
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.
Explain the types of banks?
Mention two differences between the Central Bank and a Commercial Bank.
What are Foreign Banks?
The ______ function of the Central bank involves the settling claims of Commercial banks through a process of book entries.
It carries out the country's monetary policy.
What is meant by an overdraft facility given by a commercial bank?
Explain the four functions of the Reserve Bank of India.
