Question
Which of the following is true about role of Banks?
Which of the following is true about role of Banks?
I. It facilitates import export transactions.
II. It helps in national development by providing credit to farmers, small-scale industries and self-employed people as well as to large business houses which lead to balanced economic development in the country.
III. It helps in raising the standard of living of people in general by providing loans for purchase of consumer durable goods, houses, automobiles, etc.
More Economy and Banking and Finance Static Concepts Questions
- It is the highest rated bond which gives maximum returns at the time of maturity?
- Which of the following is the regulator of the credit rating agencies in India?
- Who is responsible for auctioning the treasury bills?
- Arrangement made for the likely loss in the profit and loss account while finalizing accounts of banks is known as...............................
- Any rupee note, which has a political slogan is not a legal tender as per.
- Which committee is related to the Reforms related to Non-Banking Financial Companies (NBFC)?
- Mutual funds are necessary to be registered with which of the following organisations?
- The type of account which is opened by the investor while registering with an investment broker (or sub-broker) is called __________.
- The digits of a two-digit number ‘N’ are reversed to form a new number ‘M’. If M < N and N – M = 54, then which of the following maybe ‘N’?
- Expand the term ALM as used in Banking/Finance sector.
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)