Question : Which of the following is not a function of commercial banks?

Option 1: Accepting deposits

Option 2: Granting loans
 

Option 3: Issuing currency notes

Option 4: Providing remittance services

Question : Commercial banks can create money by: 

Option 1: Printing currency notes and coins 

Option 2: Lending out the deposits they receive 

Option 3: Receiving deposits from customers

Option 4: All of the above

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

Question : Which of the following is a function of a non-banking financial company (NBFC)?

Option 1: Issuing currency notes

Option 2: Accepting deposits from the public

Option 3: Managing the foreign exchange reserves of India

Option 4: None of the above

Question : High-powered money includes:

Option 1: Currency and Coins held by the public           

Option 2: Currency, cash reserves with banks, and demand deposits 

Option 3: Currency and coins held by the public and deposits held by government and commercial banks     

Option 4: Currency and demand deposits