What is Bank?
Answers were Sorted based on User's Feedback
Answer / wanted
Bank is one of the Financial Institution which accepts
Deposits from the Public who have Surplus Income, And lend
the money to the Public who have the Need of money. The
Difference Between the Interest Charged on the Deposits &
Loans are the profit to the banks.
| Is This Answer Correct ? | 39 Yes | 2 No |
Answer / r sumitra
bank is a financial institution concerned with accepting
deosits and giving loans
| Is This Answer Correct ? | 20 Yes | 1 No |
Answer / aruna
An organisation ,usually a corporation,chartered by a state
or federal govt ,which does the following:Receives demand
deposits,time deposits,honors instruments drawn on
them,pays interest on them ,invest in securities
| Is This Answer Correct ? | 9 Yes | 3 No |
Answer / snaveenbabu
BANK IS A BARTER SYSTEM , RECEIPTS & PAYMENTS
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / shruti
bank is a financial institution who is doing no. of jobs directly as well as indirectly for its customer.it accept deposits from its customer and also provide loan & withdrawn facilities to them.it act as an representative on behalf of its customer.overall bank is a financial institution which dealsa with money as well as money's worth.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / guest
when people are take and give money
bank mien the house of collective money.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / deepak
Bank is that Organisation Where Any Individual, Business Man &
Corporate Sector Can Deposit & Withdraw Their Daily Income.
A Bank Can Help To Everyone Who Needs Money.
But These Days Banks Became Very Necessary to everyone. Bank
Provides Us Many Types of Facilities Such As : Internet
Banking, Mobile Banking, NEFT & RTGS, CBS Etc.
| Is This Answer Correct ? | 0 Yes | 0 No |
what do u mean by ad placing?
How do you typically organize your work and plan your day?
hii friends m going for interiview of lecturer in management. m mba in finance ..plz tell me wat types of questions are asked/
What goals do you have in your career?
1 Answers Qatar Airlines, Qatar Petroleums,
What are the different types of MRP runs(i.e. Regenerative, Net Change etc)
what are the evolution of public adminstration?
Why do most small companies use functionally organized departments?
what do u mean by pay to click
Is it advisable to place one third of company excess cash in a small bank?
how many atm have sbi in india
what is difference between strategy and planning.
A. What is the system approach to management? Explain the salient features of this approach. B. Describe various managerial skills briefly. Discuss the roles these skills could play in building an institution.
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3208)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)