[Solved] Which of the following is not an asset held by commercial banks?

Q.	Which of the following is not an asset held by commercial banks?
A.	Bills of exchange
B.	Current account deposits
C.	Credit balances with the Reserve Bank
D.	Money lent at short notice
Answer» B. Current account deposits

1.4k

Do you find this helpful?

View all MCQs in

Indian Economy

Discussion

No comments yet

Related MCQs

Consider the following statements with regard to Statutory liquidity Ratio (SLR) : 1. To meet SLR, commercial banks can use cash only. 2. SLR is maintained by the banks with themselves. 3. SLR restricts the banks' leverage in pumping more money into the economy. Which of the statements given above is/are correct? [CDS 2010]
Which of the following statements regarding Regional Rural Banks (RRB) in India is/are correct ? 1. The basic aim of setting up the RRBs is to develop rural economy. 2. The area of RRBs is limited to a specific region comprising one or more districts. 3. RRBs are sponsored by Commercial Banks. Select the correct answer using the code given below: [Asstt Commdt 2011]
Which of the following constitute short-term sources of finance for small scale industries? 1. Private money lenders 2. Loans by commercial banks 3. Credit Guarantee schemes 4. National Small Industries Corporation
In which year, some more commercial banks (in addition to the first lot of 14) were nationalised in India?
The sum of which of the following constitutes Broad Money in India? [IAS 1997] 1. Currency with the public 2. Demand deposits with banks 3. Time deposits with banks 4. Other deposits with RBI Choose the correct answer using the codes given below:
As per the reports published in the newspapers the banks, particularly public sector banks are tying up with various rating agencies for providing a qualitative assessment of the credit needs of the borrowers. Which amongst the following is/are such credit rating agencies in India? [Punjab & Sindh Bank 2011] (A) CARE (B) CRISIL (C) ULlP
Consequent 'upon the recommendations of the Working Group on Rural Banks, 5 Rural Regional Banks were initially set up in the year [CPO SI 2010]
Which one of the following Indian banks is not a nationalized bank? [IAS 2006]
Which among the following is the regulatory authority for giving clearance for External Commercial borrowing?
Which is the Commercial crop