………….banks are known as local area banks.

Related MCQs

• The saving banks, insurance companies, mutual funds and commercial banks are all examples of –
• Indian Banks Association (IBA) has a common net working system for sharing the ATM facilities in Mumbai, which is known as _________.
• When banks accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as :
• In India, Banks are permitted to carry on Hire purchase business
• Commercial banks differ from other businesses in that both their assets and their liabilities are mostly ________.
• Exchange risk in case of foreign currency Non Resident (Banks) scheme (FCNR) Is borne by_________.
• Investment banks facilitate the sale of securities in the __________.
• In India, banks cannot do hire purchase business without the permission of
• ……………. this market is dominated by government, banks, and financial institutions.
• The bonds issued by the DFIs were no longer eligible as…………….assets for banks.