Question
A bank extends fund based, non-fund based, value added
and internet based services to its customers. Which among the following is not a fund based service?Solution
Bank Guarantee is the non-fund based service since the bank’s money is not tied up in extending the guarantee, the payment of which is made only in the event of default by the principle debtor. In rest of the cases, the bank needs to block its fund for the purpose of lending.
How much loan did Fusion Micro Finance obtain from the United States International Development Finance Corporation (DFC)?
Which Indian has become the youngest Indian world champion in archery?
Which Commission is also known as the University Education Commission?
Researchers at which of the following institutes developed a low-cost star sensor for astronomy and small CubeSat class satellite missions in March 2023?
According to the elephant census in the year 2020, what is the total number of adult elephants in Uttarakhand?
After recommendations of which of the following committees, Universal Banking got properly conceptualized in India?
Who has been appointed as the Director of the Liquid Propulsion Systems Centre of ISRO?
Who was elected as the President of Hungary in 2024?
In which state is the Buddhist site 'Tabo Math' located?
Who remarked “The Supreme Court of India has more powers than any other Supreme Court in any part of the world”?
