BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The demand for heavy loans can lead to which of the following?
|
|
excess funds for banks
|
|
|
Deficiencies for banks
|
|
|
Organized reservation
|
|
|
Competitive reservations
|
Explanation:
Detailed explanation-1: -2.2 In accordance with these guidelines, the working capital requirement is to be assessed at 25% of the projected turnover to be shared between the borrower and the bank, viz.
Detailed explanation-2: -A financial service focused on a fund includes loans that banks provide in the form of loans, overdrafts as well as other money transfers. A bank does not deal with funds or cash transactions in a non-fund-based financial service.
There is 1 question to complete.