Business Services
Presentation
•
Business
•
11th Grade
•
Hard
DURAIMURUGAN STAFF
Used 9+ times
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8 Slides • 2 Questions
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Business Services
By Duraimurugan
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Commercial Bank
Commercial banks are institutions dealing in money. These are governed by Indian Banking Regulation Act 1949 and according to it banking means accepting deposits of money from the public for the purpose of lending or investment.
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Banking and Social Objectives
From Urban orientation to Rural orientation
From Class banking to Mass banking
From Traditional to Innovative practices
From Short term objectives to Development objectives
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Multiple Choice
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Specialised Bank
Specialised banks are foreign exchange banks, industrial banks, development banks, export-import banks catering to specific needs of these unique activities.
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Central Bank
The Central bank of any country supervises, controls and regulates the activities of all the commercial banks of that country. It also acts as a government banker
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Multiple Choice
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Functions of Commercial Banks
Acceptance of deposits
Lending of funds:
Cheque facility
Remittance of funds
Allied services
Business Services
By Duraimurugan
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