New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the main source of income of a

    bank?
    A Bank charges that the depositors pay for keeping their money safe is the main source of the bank’s income. Correct Answer Incorrect Answer
    B The difference between what is charged from the borrowers and paid to the depositors is the main source of bank’s income. Correct Answer Incorrect Answer
    C Banks earn huge amounts of money by investing the money of the depositors in various company shares. Correct Answer Incorrect Answer
    D The Government of India gives huge amounts of money to the banks to help their smooth functioning. Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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