Question : Which of the following is not a feature of a commercial bank?
Option 1: Accepting deposits
Option 2: Lending money
Option 3: Issuing credit cards
Option 4: Manufacturing goods
Correct Answer: Manufacturing goods
Solution : The correct answer is (d)
Manufacturing goods. Manufacturing goods is not a feature of a commercial bank. Commercial banks are financial institutions that provide a range of banking services to individuals, businesses, and other organizations. The primary functions of commercial banks include accepting deposits from customers, lending money, issuing credit cards, facilitating payment transactions, and offering various financial services such as investment advisory, foreign exchange, and trade finance. Manufacturing goods is a function typically associated with industrial or manufacturing companies, not commercial banks.
Question : Which of the following is not a function of the commercial banks?
Option 1: Issuing currency notes
Option 2: Accepting deposits
Option 3: Lending money
Option 4: Providing financial advice
Question : Which of the following is not the function of a commercial bank?
Option 2: Money supply
Option 3: Agency function
Option 4: Credit creation
Question : Which of the following is a feature of a credit rating agency?
Option 1: Regulating the functioning of commercial banks
Option 2: Providing credit facilities
Option 3: Issuing credit ratings for debt securities
Option 4: None of the above
Question : Which of the following is not a function of commercial banks?
Option 2: Granting loans
Option 3: Issuing currency notes
Option 4: Providing remittance services
Question : A ___________ is a financial institution that accepts deposits from the public and provides credit facilities.
Option 1: Commercial bank
Option 2: Central bank
Option 3: Cooperative bank
Option 4: Development bank
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