Interested to Buy Any Domain ? << Click Here >> for more details...
What is Bank ?
- 6 Answers
- 10090 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / pradeep gunuguntla
Bank is a financial institution. which is licensed to accept
deposits from the general public and which also provides loans.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / murugesh
A Bank means lending money to the public & accepting
deposits form the public.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / prasad rane
I think BANK stands for: B: Borrowing A: Accepting N:
Negotiating K: Keeping
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / thimmappa poojari
Banks are authrised ( by Reserve banks/govt) Financial
institutions which accepts deposits from general public,
firms, companies etc & channels those money into lending
activities under specified guidelines so helps the smooth
functioning of all financial transactions of individual /
business/any concerned / economy as a whole.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / mayur chavare
Bank is Finacial Inestitutions which follws RBI Bak Rule
and pravides the loan
| Is This Answer Correct ? | 0 Yes | 0 No |
purchasing of software more than Rs.8000/- will be treated as expense or assets
Can you name different branches of accounting?
purchase of Rs 1000 were rejected and returned,however vendor returned Rs 800 and balance Rs 200 is charged to sundry exp A/c
could i know how to accounting lease intrest ?
What other careers are you considering?
What does the abbreviation m mean in accounting?
correction of sundry creotors
If we purchase machinery from gujarat ie from cst supplier & we have to give them 'c' form what should be the entry for the same.
when we file Vat audit report
Whether Depreciation to be posted in debit side or credit side?
Please explain subcontracting accounting entries in SAP with realtime example and amount.
Cheque in hand is current asset or fixed asset...?
Audit 
