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Sir,
I have qualified in the sbi clerical test .Now my
interview is on 16-10-2008.So pls tell me what questions
are asked in the interview and tell me the reference book
for interview in sbi.
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Answer Posted / namrata jha
Dear Pari and Tarun,
Bank is also defined as an organisation which mobilises the
idle savings of the people and advances it to others for
promoting economic activities.Or we can say bank is an
organisation whose principle operations are concerned with
the accumulation of the temporarily idle money to the
general public for the purpose of advancing it to others
for expenditure.
Bank is different from other financial institution as it
not only exchanges money but also creates credit by the use
of credit instrument.Non banking financial institute
mobilises the savings and advances loans.
I THINK NOW IT IS EASY TO UNDERSTAND THE FUNCTION OF BANKS.
YOUR SUGGESTIONS AND COMMENTS ARE ALWAYS INVITED.
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