B.Com 3rd Year Money and financial Online Test

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Money and Financial System Chapter 5th = Bank: Definition and Functions

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Bank: Definition and Functions

Bank: Definition and Functions

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44, Those banks of which the total capital is less than 5 crore. termed as:

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43, Reserve Bank has no specific control on:

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42, Scheduled bank must be a

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41. Scheduled Bank must have a paid up capital and reserves of an aggregate value of:

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40, The bank which is included in the second schedule Reserve Bank is termed as:

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39, Amount deposited for a fixed period in the bank account is termed as:

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38. Commercial banks are established generally in the form of:

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37, The banks which perform general banking functions are termed as:

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36. Which banking system is followed in India?

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35. Which bank is functioning as a Central Bank of India?

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34, Imperial Bank of India was established in:

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33. Punjab National Bank was established in:

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32, Allahabad Bank was established in:

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31, Banks are regulated by:

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30, Interest is not paid by bank on:

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29. Which of the following in not a source of bank funds?

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28. Highest rate of interest is paid on:

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27. ATM facility provides:

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26. While issuing bill of exchange, banks earn through:

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25. Which one of the following is not the function Commercial Bank?

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24. Main difference between overdraft and cash credit is:

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23. In case of Cash credit, interest:

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22. Types of loans are:

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21. The main soruces of supply of funds to a commercial banks is:

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20. Under overdraft facilities banks:

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19. The function of Commercial Bank is:

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18. Banks earn interest on:

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17. In which account Cheques facilities is not provided by the bank:

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16. In India Limited Liability bank was established in:

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15. Which one of the following statement is correct?

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13. The functions of a bank which include collection of cheques, bills, promissory notes, interest payments, sale of stock and securities are called:

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12. Which of the following are banking functions of a commercial bank?

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11. The primary function of a commercial bank is:

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10. Commercial Bank in India are governed by the:

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9, “The business of banking may be briefly defined as dealing in money and instruments of credit”, this is defined by:

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8. “Bank is a manufacturer of credit and a machine for facilitating exchanges”, this definition is given by:

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7. Banking system was started in India:

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6. Which of the following is first commercial bank of India?

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5. In India, first commercial bank was established in:

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4. In India, name of first established bank was:

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3. In India, bank was first established in:

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2. The beginning of modern bank was assumed in:

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1. The term Bank was derived from the Italian word:

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