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प्रश्न
Justify the following statement.
Business services are necessary.
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उत्तर
- No business can operate effectively in an isolated manner. Every business requires the support of some activities.
- Business services are those services which help in successful running of business.
- They help businesses to function seamlessly.
- They play crucial role in facilitating the growth of business. Hence, business services are necessary
संबंधित प्रश्न
Distinguish between the following:
Current account & Savings account
Find the odd one.
The term bank comes from the French word ______.
_________ banking refers to the use of banking services with the help of mobile phones.
Select the correct option and complete the following table.
(RTGS, SIDBI, apex financial institution in banking industry of country, recurring deposit, long term loans)
| Group A | Group B |
| 1 _________ | fund transfer on real-time and gross basis |
| 2. loans to meet long term capital requirements | ________ |
| 3 ____________ | Account operated by salaried and businessmen both. |
| 4. Central bank | _____________ |
| 5 _____________ | Principal financial institution for MSMEs |
Correct the underlined word and rewrite the following sentence.
Overdraft facility is available for savings bank account holders.
Correct the underlined word and rewrite the following sentence.
The foreign bank is the apex financial institution in the banking industry in the country.
Explain the following term/concept.
Banking
Distinguish between.
Central Bank and Commercial Bank
State four types of deposits.
Explain the utility function of banks?
The word bank comes from French word _______.
Select the correct option.
(no need to carry cash, intangible, fund transfer system, accepting deposits, niche banks in India)
| Group A | Group B |
| A. _____________ | services |
| B. commercial bank | ______________ |
| C. _____________ | Small finance bank |
| D. credit cards | _______________ |
| E. _____________ | RTGS |
What is demand deposits?
Correct the underlined word and rewrite the sentence.
The commercial bank is the apex financial institution in banking industry in the country.
Explain the following term/concept in detail.
Central Bank
