…………..banks act as catalytic agents in promoting balanced development of the country.

Related MCQs

• The basic function of…………are to accept to deposits, lend money and act as collection and paying agents.
• The saving banks, insurance companies, mutual funds and commercial banks are all examples of –
• ………….banks are known as local area banks.
• The centralized market place where agents can have efficiently and quickly transaction is classified as –
• …………… banks were establishment mainly due to the development of trade with our countries.
• The baking sector is the most important part of the……….and it promotes economic development of the country.
• 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 ________.
• Indian Banks Association (IBA) has a common net working system for sharing the ATM facilities in Mumbai, which is known as _________.
• Exchange risk in case of foreign currency Non Resident (Banks) scheme (FCNR) Is borne by_________.