When a customer deposits money with a bank, the customer becomes a lender and the bank become a__________

Related MCQs

• When a customer Deposits money with a bank, the customer becomes a
• When the customer borrows money from the bank, the bank becomes the
• 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
• ----------lender of last resort.
• ________is a fixed payment amount made by a borrower to a lender at a specified date each calendar month.
• 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:
• Deposits mobilised by the banks are utilised for: i. loans and advances ii. investment in government and other approved securities in fulfilment of liquidity stipulation iii. investment in commercial paper, shares, debentures up to stipulated ceilings
• ------------ is an anti money laundering measure specified in the prevention of money laundering act 2002.
• Which banks which accept deposits from the public and lend them mainly to commerce for short periods?