Which of the following are included under representation functions of a bank?
1. Payment of cheques and bills
2. Providing remittance facilities
3. Underwriting of securities
4. Advancing clean credit
5. Allowing overdrafts on current account
6. Purchase and sale of securities
A. 1, 2, 3 and 4
B. 3, 4, 5 and 6
C. 1, 2, 3 and 6
D. 2, 3, 5 and 6
Answer: Option C
This Question Belongs to Commerce >> Banking And Financial Institutions
Related Questions on Banking and Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
Join The Discussion