Functions of Commercial banks Book Back Questions

11th Standard

    Reg.No. :
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Commerce

Time : 00:45:00 Hrs
Total Marks : 30
    5 x 1 = 5
  1. Electronic banking can be done through

    (a)

    Computers

    (b)

    Mobile Phones

    (c)

    ATM

    (d)

    All of the above

  2. Minimum how much amount can be transferred through RTGS?

    (a)

    Any Amount

    (b)

    Rs. 50,000

    (c)

    Rs. 2 Lakhs

    (d)

    Rs. 5 Lakhs

  3. The largest commercial bank of India.

    (a)

    ICICI

    (b)

    SBI

    (c)

    PNB

    (d)

    RBI

  4. In which kind of account, it is compulsory to deposit certain amount at certain time?

    (a)

    Savings Deposit

    (b)

    Fixed Deposit

    (c)

    Current Deposit

    (d)

    Recurring Deposit

  5. Which of the following is not a type of advance provided by the commercial bank?

    (a)

    Collection and Supplying Business information

    (b)

    Overdraft

    (c)

    Cash Credit

    (d)

    Discounting of Bills

  6. 3 x 2 = 6
  7. Briefly Explain the term - Credit Card.

  8. What do you mean by ATM?

  9. Write a note on - ECS.

  10. 3 x 3 = 9
  11. Briefly Explain the Diversified banking services of Commercial banks.

  12. Explain - NEFT.

  13. What do you mean by Core Banking Solutions?

  14. 2 x 5 = 10
  15. Discuss the various Primary functions performed by the Commercial banks.

  16. Explain the various Secondary functions of commercial banks.

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