Commercial Bank as the name suggest is a bank functioning for

Related MCQs

• Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
• 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:
• The nationalization of 14 commercial bank was on -----------------------.
• Overdraft is a credit facility granted by commercial bank to------------- holders.
• The deposit balances kept by all commercial banks with the central bank are known as---------.
• The minimum period for which a commercial bank can accept term deposit is ----------.
• The nationalization of 14 major commercial bank was in June 1969 & six more banks were nationalized in April
• Which one of this is not a function of commercial bank?
• ------ is the rate at which the central bank rediscounts the bills of commercial banks
• Two types of Commercial banks have been stipulated by Section_______ of the Reserve Bank of India Act, 1934: