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Home Interview Accounting and Finance Comments

  • Question
  • Commercial banks are funded through which of the following?


  • Options
  • A. Customer deposits
  • B. Services
  • C. Stock holders
  • D. Government funding

  • Correct Answer
  • Customer deposits 

    Explanation

    A commercial bank is a financial body which performs the functions of accepting deposits from the general public and giving short term loans for investment with the aim of earning profit.

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    Accounting and Finance problems


    Search Results


    • 1. What is Repo Rate and Reverse Repo Rate?
    • Discuss
    • 2. The shortcut key to quit from tally is

    • Options
    • A. CTRL + Q
    • B. CTRL + ESC
    • C. CTRL + T
    • D. CTRL + P
    • Discuss
    • 3. Suspense account group is defined under

    • Options
    • A. Assets
    • B. Income
    • C. Expenditure
    • D. Liabilities
    • Discuss
    • 4. The Accounting period cycle of NSE is

    • Options
    • A. Monday to next Friday
    • B. Wednesday to next Tuesday
    • C. Wednesday to next Wednesday
    • D. Tuesday to next Wednesday
    • Discuss
    • 5. Fixed Foreign Exchange rate can be changed by

    • Options
    • A. SEBI
    • B. Ministry of Finance
    • C. RBI
    • D. All of the above
    • Discuss
    • 6. Which of the following terms is not used in banking sector?

    • Options
    • A. Daily Product Basis
    • B. Remittancel
    • C. Cash Reserve
    • D. Actuary
    • Discuss
    • 7. What do you understand by Variance Report in payroll?
    • Discuss
    • 8. How do you calculate gratuity?
    • Discuss
    • 9. How higher management in an organization gets benefited by payroll reports?
    • Discuss
    • 10. What is retropay?
    • Discuss


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