------bank can accept deposit only ,but cannot lend .

Related MCQs

• 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:
• Which bank came into existence in the year 1921 when three banks namely, Bank of Bengal (1806), Bank of Bombay (1840) and Bank of Madras (1843) were reorganized and amalgamated to form a single banking entity?
• ------- banks accept deposits but customer balance should not exceed Rs.1 lakh
• Current deposit is also known as ……….
• The process of …………. begins with banks lending money out of primary deposit.
• When a deposit of money is received by the banker , the banker becomes the …………?
• When a deposit of money is received by the banker , the customer becomes the …………..?
• While accepting deposit,a banker becomes ------ and customer is -----
• “Scheduled bank” in India means a bank _____.
• An Investment Bank is a bank