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TN 12th Computer Applications மின்னணு தரவு பரிமாற்றம் Sample Question Papers Study Material - QB365 Set A

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TN 12th Computer Applications மின்னணு செலுத்தல் முறைகள் Sample Question Papers Study Material - QB365 Set A

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TN 12th Computer Applications மின் - வணிகம் Sample Question Papers Study Material - QB365 Set A

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TN 12th Computer Applications திறந்த மூல கருத்துருக்கள் Sample Question Papers Study Material - QB365 Set A

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TN 12th Computer Applications வலையமைப்பு வடமிடல் Sample Question Papers Study Material - QB365 Set A

12th Standard English Medium Economics Subject Banking Creative 2 Mark Questions with Solution Part - II

Published on: 23/06/2021

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Std: 12th Standard - Economics

chapter: - Creative Questions

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Questions:

Generic 2

5 x 2 = 10

What are Development Banks?

Write a note on Paytm.

Write a brief note on SFCs.

Mention the names of Presidency Banks.

In which year the (ATM) Automated teller Machine was introduced?

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Answers Key:

Generic 2

5 x 2 = 10

(i) To achieve economic development for the country, investment in industries and infrastructure is required.
(ii) To make such thing possible there are development banks in India.
(iii) These banks provide credit for a long period to private business companies and public sector units who want to establish industries and create infrastructure.

(i) Paytm Payments Bank. In August 2015, Paytm received a license from RBI to launch a payments bank.
(ii) The Paytm Payments Bank is a separate entity in which founder Vijay Shekhar Sharma will hold 51% share, One 97 Communications holds 39% and 10% will be held by a subsidiary of One 97 and Sharma.

(i) The government of India passed in 1951 the State Financial Corporations Act and SFCs were set up in many states.
(ii) SFCs are mainly intended for the development of small and medium industrial units within their respective states.

1. Bank of Bengal (1809)
2. Bank of Bombay (1840)
3. Bank of Madras (1843)

ATM was first introduced in 1967.