Industrial banks are specialised financial institutions established by government to:
A) Meet short term credit needs of the farmers
B) Provide Cash Credit and Overdraft facilities
C) Meet long term finance requirements of industries
D) Provide necessary training to farmers
Correct Answer:
Verified
Q12: The type of card that can be
Q13: Which is the largest public sector bank
Q14: If the account of a customer shows
Q15: Overdraft facilities are allowed in
A)Saving account
B)Fixed account
C)Current
Q16: The purpose of the crop loan is
Q18: Which of the following is known as
Q19: Deposits mobilised by the banks are utilised
Q20: A banker is obliged to keep the
Q21: Right of lien is the right of
Q22: Overdraft facilities are allowed in
A)current a/c only
B)savings
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents