1.

What are the functions of the State Bank of India as a Commercial Bank?

Answer»
  • The advancing and lending of money and opening of Cash Credit Account. 
  • Providing credit facilities for trade, industries and commerce of the country. 
  • Promotion of savings in rural areas. 
  • Providing facilities to Rural Credit Commission, co-operative selling and for godowns. 
  • The receiving of deposits and keeping cash account. 
  • The buying and selling of gold. 
  • The receiving of all kinds of bonds, scripts, title deeds or valuables for safe custody. 
  • The drawing, accepting, discounting, buying, selling of bills of exchange and other negotiable securities


Discussion

No Comment Found

Related InterviewSolutions