MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
Earn 100

As we all know, the major source of income of the banks is lending money (providing credit) and earning interest on it. In normal circumstances, the demand of the credit comes mainly from which of the following sectors?

1. Personal Loan.

2. Priority Sector Lending & Bailout Packages.

3. Project Finance.

50% studentsanswered this correctly

Important Questions on Introduction to Banking

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
India has different categories of Commercial Banks. Which of the following is NOT one such category? 
MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
When a person publicly announces that he cannot repay loans, it is called _____ in banking language.
MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
Which of the following is not a banking term?
MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
One single statement that depicts the financial position of a Bank and /or Business enterprise at a given point of time is called:
MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
The usual deposit accounts of banks are?
MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
_____ are local Institutions functioning like banks.