I.Com part 2 Principles of Economics Chapter 3 Short Question Preparation

12th Class Principles of Economics
Chapter 3

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12th Class Principles of Economics Chapter Wise Preparation

Online Short Questions For Chapter 3 "ICom Part 2 Principles of Economics Chapter 3 Short Questions Preparation "

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Economics - ICom Part 2 Principles of Economics Chapter 3 Short Questions Preparation

Question # 1

What are Scheduled banks.

  • Ans 1: These are the banks which start their business after gettig permission from the central bank. Minimum limit of their capital is fixced These are registered with the centralbank and are bound to deposit a certain proportionof their depostis in central bank and are bound to deposit in central bank. Cental bank helps them at the time of trouble as lender of last resort.
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Prepare Complete Set Wise Questions For Chapter 3 "ICom Part 2 Principles of Economics Chapter 3 Short Questions Preparation "

ICom Part 2 Principles of Economics Chapter 3 Short Questions Preparation - Set 1

Question # 1

What are Scheduled banks.

  • Ans 1: These are the banks which start their business after gettig permission from the central bank. Minimum limit of their capital is fixced These are registered with the centralbank and are bound to deposit a certain proportionof their depostis in central bank and are bound to deposit in central bank. Cental bank helps them at the time of trouble as lender of last resort.
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ICom Part 2 Principles of Economics Chapter 3 Short Questions Preparation - Set 2

Question # 1

Write functions of a commercial bank.

  • Ans 1: 1- Accepting depostis of the people 2- Advancing loans to needy people
  • Ans 2: 3- Discounting bills of exchange
    4- Transfer of money form one place to another.
  • Ans 3: 5- Performing agency services 6- Guardian of precious articles
  • Ans 4: 7- Direct investment
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12th Principles of Economics Chapter 3 Preparation