Home
Class 12
ECONOMICS
Write down the two essential conditions ...

Write down the two essential conditions to become a bank

Text Solution

Verified by Experts

Two essential conditions to become a bank are
(i) Accepting deposits
(ii) Advancing loans.
Promotional Banner

Topper's Solved these Questions

  • Banking

    RADHA BHUGANA|Exercise Higher Order Thinking Skills|5 Videos
  • Banking

    RADHA BHUGANA|Exercise Value based Question|2 Videos
  • Banking

    RADHA BHUGANA|Exercise Objective Type Question|10 Videos
  • BALANCE OF PAYMENTS

    RADHA BHUGANA|Exercise VERY SHORT ANSWER TYPE QUESTIONS|5 Videos
  • CIRCULAR FLOW OF INCOME

    RADHA BHUGANA|Exercise LONG ANSWER TYPE QUESTION|4 Videos

Similar Questions

Explore conceptually related problems

Define an isothermal process and state two essential conditions for such a process to take place.

The essential condition for demodulation is

The essential condition for demodulation is

Write the essential condition for the following reaction to take place 2AgBr to 2Ag + Br_(2) Write one application of this reaction.

Write down the essential features of fish heart.

What is the essential condition for the formation of beats?

Two point electric charges of unknown magnitudes and signs are placed a certain distance apart. The electric field intensity is zero at a point not between the charges but on the line joining them. Write two essential conditions for this to happen.