Question
Which of the following is true about the discounting of bill of banks?
Which of the following is true about the discounting of bill of banks?
I. Banks provide short-term finance by discounting bills, by making payment of the amount before the due date.
II. The party gets the funds after waiting for the date of maturity of the bills.
More Economy and Banking and Finance Static Concepts Questions
- The Banking Ombudsman Scheme was come into effect from
- Lack of access to financial services is technically known as:
- Which one is incorrect about the deposit insurance scheme of DICGC?
- KYC guidelines followed by the Banks have been framed on the recommendations of the ______
- Credit risk is _____________.
- Perimeter of a square and circumference of a circle are in the ratio 5:11, respectively. If area of the square is 25 cm2, then find the radius of the circl...
- In BCBS, 'S' stands for ?
- Which electronic funds transfer system in India is available 24/7 throughout the year, including on holidays also?
- Which of the following financial year is followed by the Reserve Bank of India (RBI) ?
- What is “Non-Interest Income” of banks?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)