When a customer Deposits money with a bank, the customer becomes a

Related MCQs

• When a customer deposits money with a bank, the customer becomes a lender and the bank become a__________
• When the customer borrows money from the bank, the bank becomes the
• Imperial Bank was formed in ________ by the amalgamation of three presidency banks – the Bank of Bengal, the Bank of Bombay, and the Bank of Madras:
• Accepting deposits and lending money is the ………………………………………….function of commercial banks
• Name the electronic machine which is operated by the customer to make deposits and withdraws
• ------------ is an anti money laundering measure specified in the prevention of money laundering act 2002.
• ----------------means the transfer of money from one bank a/c to another electronically
• ___________is a central bank of a country. It acts as a leader of the money market.
• Where a customer by a letter has advised the bank directing the banker not to honour/pay a particular cheque such a letter is called
• Deposit are secondary or derived from the primary deposits is known as-------------.