Accepting deposits and lending money is the ………………………………………….function of commercial banks

Related MCQs

• Deposits mobilised by the banks are utilised for: i. loans and advances ii. investment in government and other approved securities in fulfilment of liquidity stipulation iii. investment in commercial paper, shares, debentures up to stipulated ceilings
• Commercial Banks make money available to public by
• Which of the following is not the function of commercial banks:
• Which banks which accept deposits from the public and lend them mainly to commerce for short periods?
• When a customer deposits money with a bank, the customer becomes a lender and the bank become a__________
• When a customer Deposits money with a bank, the customer becomes a
• Commercial banks to expand deposit through expanding their loans and advances is known as--------.
• The deposit balances kept by all commercial banks with the central bank are known as---------.
• The nationalization of 14 major commercial bank was in June 1969 & six more banks were nationalized in April
• Which of the following limits the power of credit creation by commercial banks