Determining bank problem, Which of the given is a bank? a) Post office saving banks (b)

Determining bank problem

Which of the given is a bank? a) Post office saving banks (b) LIC (c) UTI (d) IDBI.

Comments & Conversion

Expert

Verified

Post office saving banks is not bank in the logic that even though they accept deposits from public however do not advance loans to the others.

LIC, UTI and IDBI are also not banks in the logic that even though they do not accept chequeable deposits however advance loans to others.

Related Questions in Macroeconomics

Q : Supply law and it's factors State the

State the Law of supply and explain the factors that affecting supply of commodity

Q : One party to a transaction deceives

If one party to a transaction deceives another party prior to a deal be reached, this is termed as: (i) Bad luck. (ii) Adverse selection. (iii) Moral hazard. (iv) Polyandry. (v) Rational ignorance. Please someone suggest me the rig

Q : Computing Fiscal deficit In government

In government budget, primary deficit is Rs. 10,000 crores and interest payment is Rs. 8,000 crores. Compute the fiscal deficit?

Q : Utilization of Bond market to make and

How does the FED utilize the bond market to make and destroy money? Which technique do developed countries utilize to decrease the chance of experiencing inflation? What about the Banana Republicans and inflation, do they have this means acessible to

Q : Consumer Equilibrium of two goods The

The consumer reaches equilibrium for any two goods X and Y whenever the: (1) MUx/Px = MUy/Py. (2) MUx/MUy = Py/Px. (3) Utility from X equivalents the utility produced by Y. (4) Point of diminishing returns is arrived at. Can someon

Q : Type of market when people cannot buy

Whenever people can’t purchase all of a good they are willing and capable to pay for at present market price, there is surely a market: (1) Price ceiling. (2) Price floor. (3) Shortage. (4) Anomaly. (5) Surplus. Please

Q : Total revenue when price modify When

When total revenue to a firm is unaffected by small price modifications, then demand is: (i) Relatively price elastic. (ii) Relatively price inelastic. (iii) Unitarily price elastic. (iv) Vertical. (v) Horizontal. Can someone help

Q : Tax when consumer pay high price When a

When a tax on goat cheese is completely paid by consumers via higher prices, then the tax has been: (i) alleviated. (ii) Forward shifted. (iii) Backward shifted. (iv) Actualized. (v) Randomized. Can someone help me in getting throu

Q : Market experiencing a rise in demand

When equilibrium moves from point a to point b in the figure shown below, the only market experiencing a rise in demand is illustrated in: (1) Panel A. (2) Panel B. (3) Panel C. (4) Panel D.

Q : Reduction in quantity When equilibrium

When equilibrium moves from point a to point b in the figure shown below, the only market experiencing a reduction in quantity supplied is illustrated in: (1) Panel A. (2) Panel B. (3) Panel C. (4) Panel D.

Discover Q & A

Leading Solution Library

Avail More Than 1442239 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1958980
Asked

3,689

Active Tutors

1442239

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment