1191. All institution which purchases and sells money and transactions other financial business of like nature is called :
A. College
B. Bank *
C. Hospital
D. Manufacturing
1192. Bank borrow money in the shape of deposits and lends it in various ways it consider its :
A. Primary function *
B. General utility function
C. Agency functions
D. Secondary functions
1193. A bank performs certain functions for the benefit of general public which are called us :
A. Primary Functions
B. General utility functions *
C. Agency functions
D. Secondary functions
1194. When banks act as agents of their customers and tender great service in that capacity these are :
A. Primary functions
B. General utility functions
C. Agency functions *
D. Secondary functions
1195. To keep valuable things and papers in safe custody , is the example of bank’s :
A. Primary Function
B. General utility functions *
C. Agency functions
D. Secondary functions
1196. To realize interest and dividend on behalf of their customers is the example of banks :
A. Primary function
B. General utility function
C. Agency Function *
D. Secondary function
1197. To finance the import and export trade of a country is the example of banks :
A. Primary function
B. Agency function
C. General utility function *
D. Secondary function
1198. Issue of various important document is the example’s of banks :
A. Primary function
B. General utility function *
C. Agency function
D. Secondary function
1199. A commercial bank receives money on :
A. Two accounts
B. Three accounts *
C. Four accounts
D. Five accounts
1200. The customer is allowed to deposit or withdraw money as and when he likes in ” case of :
A. Current account
B. Saving bank accountÂ
C. Fixed deposit account
D. None of the above