Select the correct option to test your answer:
Commerce
Banking And Financial Institutions
Difficulty: Medium
Assertion (A) Taking of deposits and granting of loans single out banks. Reason (R) Banks act as intermediaries when they mobilise savings from surplus units to shortage units in order to finance productive activities.
More Commerce Questions
All of the following are tools for optimizing a Web site's location in search engine listings except ________.
X Ltd forfeited 40 shares of Rs. 10 each and on which Rs. 4 per share were paid. If the forfeited shares are reissued as Rs. 8 per share paid-up. What is the minimum price the company must charge?
Relevant incremental costs are added into relevant opportunity cost of capital to calculate
The managerial grid consist of how many possible leadership styles?
The concept of budget that requires all levels to work from scratch is