Deposits which arise from granting of loans are called

Related MCQs

• Which of the following is true about the restrictions on RBI? (i) It is not to compete with the commercial banks. (ii) It is not allowed to pay interest on its deposits. (iii) It cannot engage directly or indirectly in trade. (iv) It cannot acquire or advice loans against immovable property. (v) It is prohibited from purchasing its own shares or the shares of any other bank or any company or granting loans on such security.
• The commercial banks were required to keep some percentages of their time deposits and their demand deposits with the RBI in the form of reserves is known as
• With reference to non-banking financial companies (NBFCs) in India, consider the following statements: 1. They can offer any rate of interest subject to their financial capacity 2. They can not accept deposits repayable on demand. Which of the statements given above is/are correct?
• The exchange rate at which demand for foreign currency becomes equal to its supply, is called
• The reserves held by the Commercial Banks over and above the statutory minimum with the RBI are called
• Number of times a unit of money change hands in the course of a year is called
• The Industrial Reconstruction Corporation of India (IRCI) was converted into a statutory corporation called the Industrial Reconstruction Bank of India (IRBI) in
• Reduction in the value of domestic currency by the government is called
• Reduction in the value of domestic currency through market forces is called
• Increase in the value of domestic currency by the government is called