Banking Awareness Test Questions

Q.  Deposits mobilised by the banks are utilised for.

(i) loans and advances
(ii) investment in government and other approved securities in fulfilment of liquidity stipulation
(iii) investment in commercial paper, shares, debentures up to stipulated ceilings


a. Only (i)
b. Both (ii) and (iii)
c. All the above
d. None of the above


ANSWER: See Answer
 
No explanation is available for this question!
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