are locked day by day. Think about the alternate way for avoiding this locking of currency notes. Debate about the security problem in E-Banking system of services. commerce - - .
. PM Exercise I. Choose the Correct Answer . Electronic banking can be done through (a) Computers (b) Mobile phones (c) ATM (d) All of the above .
Minimum how much amount can be transferred through RTGS? (a) Any amount (b) , (c) lakh (d) lakh For Future Learning Field visit - nearest -collect information about rate of interest payable on Savings deposit, Fixed deposit, Current deposit and Recurring deposit. Collect photo copies of the various cards used in our day- to-day life. Nowadays debit card, credit card, smart cards and other cards are used for day to day purposes.
In future how many cards we may use for our purposes. Case Study A person forgot his password of Debit card, How to get password? Give guidelines to him. .
The largest commercial bank of India (a) ICICI (b) SBI (c) PNB (d) RBI . In which kind of account, it is compulsory to deposit certain amount at certain time? (a) Saving deposit (b) Fixed deposit (c) Current deposit (d) Recurring deposit . Which of the following is not a type of advance provided by commercial bank?
(a) Collecting and supplying business information (b) Overdraft (c) Cash credit (d) Discounting of bills Answers . d . c . b .
d . a. II. Very Short Answer Questions .
What is Mobile Banking? . Write a short notes on Debit card. .
Write a short notes on Credit card. . What do you mean by ATM? III.
Short Answer Questions . What is E-Banking? . Write a short note on – RTGS.
. Explain – NEFT. commerce - - . .
PM IV. Long Answer Questions . Discuss the various primary functions performed by the Commercial Banks. (any ) .
Explain the various secondary functions of Commercial banks. (any ) Reference . Balaji. C.D.
and Prasad. C. , “Principles of Commerce”, Margham Publications, Chennai .