Privately owned banks operating cheque current accounts, receiving deposits, taking in and paying out notes and coins and making loans are generally called

Related MCQs

• The bank account on which deposits do not earn interest, but can be with drawn by cheque at any time is called:
• The value of the output of all goods and services produced within a nation's borders, normally given as a total for the year. It thus includes the production of foreign owned firms within the country, but excludes the income from domestically owned firms located abroad, is called:
• Which of the following policies would be most appropriate for the State Bank of Pakistan to follow if it wished to make it more difficult for the commercial banks to grant loans?
• A type of association usually formed by banks or railroads as a central agency where members can settle accounts is known as:
• Legislation prohibiting the paying of wages below some specified level is known as
• Cosequent upon the recommendations of the Working Group on Rural Banks, 5 Rural Regional Banks were initially set up in the year -
• Interest paid by the government on the loans raised is called -
• The market for long term loanable funds as different from the market that deals in short term loans is called:
• Short-term loans to the public for the purchase of specific goods is called:
• What is the business of accepting deposits and lending money called?