What is Bank?

Answers were Sorted based on User's Feedback



What is Bank?..

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

What is Bank?..

Answer / r sumitra

bank is a financial institution concerned with accepting
deosits and giving loans

Is This Answer Correct ?    20 Yes 1 No

What is Bank?..

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

What is Bank?..

Answer / snaveenbabu

BANK IS A BARTER SYSTEM , RECEIPTS & PAYMENTS

Is This Answer Correct ?    3 Yes 1 No

What is Bank?..

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 of jobs directly as well as indirectly for its customer.it accept deposits from its customer and also provide loan & withdrawn facilities to them.it act as an representative on behalf of its customer.overall bank is a financial institution which dealsa with money as well as money's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

What is Bank?..

Answer / guest

when people are take and give money
bank mien the house of collective money.

Is This Answer Correct ?    1 Yes 0 No

What is Bank?..

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

Post New Answer

More Business Administration Interview Questions

WHAT IS THE QUALITIES OF UCOBANK AND HOW POSITION IN INDIAN BANKING.

0 Answers   Baidu, UCO Bank,


How to introduce ourself

0 Answers   eClerx, Infosys,


Hi Am BBA Graduate Plz Let Me Know Being A BBA Graduate Wat Is The Relevance Of It In Banking Sector?How It Can Help In Banking?

2 Answers   State Bank Of India SBI, Wipro,


why do you choose MBA in MArketing

2 Answers  


merits and demerits of goal setting approach?

1 Answers  






India has the world's largest deposit of a. Copper b. mica c. silver d. gold

3 Answers   Advik, College School Exams Tests, MICA, Postal Assistant Exam,


What is your the greatest weakness?

0 Answers  


i want about business managment

2 Answers  


What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times?

0 Answers  


what are the GL postings during sales order to billing cycle?

1 Answers  


what is the difference between company,organisation,industry

20 Answers   Infosys, Kinetic, Nova Solutions,


When a stock in BSE/NSE value goes down lets say by Rs. 50.00 and it has a volume of 1000 shares, so where this Rs.50,000.00 goes.Who gets it.?????

4 Answers  


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1279)
  • Banking Finance Interview Questions Banking Finance (3208)
  • Human Resources Interview Questions Human Resources (745)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (113)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)