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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  • Total Questions10

  • Available Sets2

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

Question # 1

Define bank in the word of Prof Crowther.

  • Ans 1: "Bank is aninstitution which gets loans to lend and in this way creates credit money."
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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

Define bank in the word of Prof Crowther.

  • Ans 1: "Bank is aninstitution which gets loans to lend and in this way creates credit money."
Submit

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

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