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11th Standard English Medium Commerce Subject Functions of Commercial banks Book Back 1 Mark Questions with Solution Part - I Question Bank Software Jun-09 , 2021

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11th Standard English Medium Commerce Subject Functions of Commercial banks Book Back 1 Mark Questions with Solution Part - I

11th Standard English Medium Commerce Subject Functions of Commercial banks Book Back 1 Mark Questions with Solution Part - I

11th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 5

    Part I

    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)

    50,000

    (c)

    2 Lakhs

    (d)

    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 commercial bank?

    (a)

    Collecting and Supplying Business information

    (b)

    Overdraft

    (c)

    Cash Credit

    (d)

    Discounting of Bills

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