Question
Which of the following is true about role of Banks?
I. It facilitates import export transactions. II. It helps in national development by providing credit to farmers, small-scale industries and self-employed people as well as to large business houses which lead to balanced economic development in the country. III. It helps in raising the standard of living of people in general by providing loans for purchase of consumer durable goods, houses, automobiles, etc.Solution
The correct answer is D
More Economy and Banking and Finance Static Concepts Questions
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exactvalue.)
(124.99)² = ?
? + 163.99 – 103.01 = 24.01 × 6.98
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
Mohan allocates 40% of his monthly income for rent. After paying for rent, he uses 30% of the remaining amount for groceries. Additionally, he spends an...
- 29.98% of 249.897 = ?² – (4.98)²
Solve the following expression and calculate the approximate value.
13³ + 1.3² + 1.03¹ + 1.003 =?
(15.15 ×  31.98) + 30.15% of 719.99 = ? + 124.34
√2024.84 + (24.86% of 1999.81) - (3/8 of 800.15) = ?
