1. Which of the following statement is true? (1) Banks cannot accept demand and time deposits from public (2) Banks can accept only time deposits from public (3) Banks can accept only time deposits from public (4) Banks can accept both demand and time deposits from public (5) Banks can accept demand and time deposits only fro government banking related gk questions 2. Interest payable on savings bank account is …………….. (1) not regulated by RBI (2) regulated by State Government (3) regulated by Central Government (4) regulated by RBI (5) regulated by Finance Minister 3. Which of the following is the correct statements? (1) State bank of India is the sole authority to issue and manage currency in India. (2) A nationalized bank is the sole authority to issue and manage currency in India. (3) A cooperative bank is the sole authority to issue and manage currency in India (4) RBI is the sole authority to issue and manage currency in India. (5) None of these 4. Accounts are allowed to be operated by cheques in respect of ………. (1) Both Savings Ban accounts and fixed deposit account (2) Savings bank accounts and current account (3) Both Savings bank accounts and loan accounts (4) Both Savings bank accounts and cash accounts only (5) Both Current accounts and fixed
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