Core banking system…………. system.

Related MCQs

• Banking Companies in India are governed by Banking Regulation act 1952.
• The banking regulation Act --.
• Banking companies in India are governed by …………………..
• Every banking company should prepare a balance sheet and profit and loss accounts as on……………..each year.
• The main function of a banking company are to accept deposits of money from the public and to lend or invest these deposits.
• Non-Banking Assets must be shown in the Balance Sheet in scheduled 8.
• Every banking company incorporated in India must transfer to the Reserve fund a sum equivalent to not less than 25% of profit of each year before declaration of dividend.
• In single entry system it’s difficult to operate …………….system
• Under Stock and Debtors System general income is credited to ………..account
• A……………..system of departmental account is more convenient where the number of department are very small