Question
What function do commercial banks in India perform?
Solution
Commercial banks in India perform various functions, including accepting deposits, making loans, and providing other banking services. One of their key functions is credit creation, where they create new money by making loans to borrowers, thereby increasing the money supply in the economy. The Reserve Bank of India (RBI) issues currency, provides banking services to the government, and regulates credit in the economy, but these are not functions of commercial banks.
A and B can complete a work together in 20 days. If A alone can complete one-fourth of the work in ‘x’ days and remaining work is completed ...
P and Q can complete a work in 26 days and 39 days, respectively. P, Q and R together can complete the work in 13 days. If R get a total wage of Rs. 585...
P can do a piece of work in 10 days, Q can complete double the work in 30 days and R can do the work in 20 days. If all of them together earn Rs. 3900, ...
40 men can complete a piece of work in 40 days. ‘x’ men started the work and after 30 days 64 more men joined them so that whole work was finished i...
P, Q, and R can complete a work in 12 days. 15 days and 30 days, respectively, working alone. How soon can the work be completed if P is assisted by Q a...
Individual ‘M’ can do a piece of work in 40 days, while ‘M’ and ‘N’ together can do it in 16 days. If ‘N’ worked alone for 10 days and l...
‘A’ and ‘B’ can do a piece of work in 20 days and 32 days, respectively. If they started the work together and worked on it for 5 days, then fin...
- If a group of 8 boys and 12 girls can complete a task in 40 days, and a team of 4 girls alone can finish the same task in 80 days, how long will it take fo...
A can complete a work in 40 days. B takes 20 days less than A to complete the same work. In how many days can both of them together complete 60% of the ...
If a task can be completed by either 10 boys or 12 girls in 10 days, how long will it take for a team of 5 boys and 2 girls worki...
Relevant for Exams:
