Related InterviewSolutions

• Give reason or explain the following statement:Overdraft facility is provided to current account holders.
• What are the secondary functions of commercial banks?
• What are the primary functions of commercial banks?
• State with reason whether you agree or disagree with the following statement.A commercial bank create credit on the basis of primary deposit.
• Fill in the blank with appropriate alternatives given below : _________is a primary function of commercial banks.OptionsPurchasing and selling securitiesAccepting depositsSafe deposit vaultLetter of credit
• State whether the following statement is True or False. Commercial banks are the backbone of modern economy.OptionsTrueFalse
• State with reason whether you agree or disagree with the following statement.Commercial banks perform many general utility services.
• What are the different types of loans provided by commercial banks?
• Distinguish between:Current account and saving account
• Give reason or explain the following statement:Rate of interest on fixed deposit is high.