Exam 11: Banking and Finance FAQS

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Maximum amount of interest can be procured from

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A kind of deposit where depositor is required to deposit a fixed amount at regular interval for a specific period is

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------ is the rate at which the central bank rediscounts the bills of commercial banks

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When a customer deposits money with a bank, the customer becomes a lender and the bank become a__________

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The relationship between RBI and the Bank maintaining the currency chest is that of?

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