Bissoy.com
Doctors Medicines MCQs Q&A

What is the main source of income of a commercial Bank ?

What is the main source of income of a commercial Bank ? Correct Answer interest

Commercial banks make money by providing and earning interest from loans such as mortgages, auto loans, business loans, and personal loans. Customer deposits provide banks with the capital to make these loans.

Related Questions

In the following question, sentences of a paragraph have been jumbled and labelled as A, B, C, and D. You are required to rearrange the jumbled sentences of the paragraph and mark your response accordingly by selecting the correct option. A: Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. B: It is calculated by dividing the area's total income by its total population. C: Per capita income is national income divided by population size.  D: Per capita income is often used to measure a sector's average income and compare the wealth of different populations.
Availability of drinking water is continuously decreasing. The government decided to identify those sources of drinking water which getting polluted. The following table depicts the number of polluted sources in a district. Source of drinking water getting polluted Number Wells 24 Handpump 12 Dam 12 Borewell 6 Ponds 18 The pictograph table for the above table will be (A) Source of drinking water getting polluted Number symbol = 6 source Wells Handpump Dam Borewell Ponds (B) Source of drinking water getting polluted Number symbol  = 6 source Wells Handpump Dam Borewell Ponds (C) Source of drinking water getting polluted Number symbol  = 6 source Wells Handpump Dam Borewell Ponds (D) Source of drinking water getting polluted Number symbol  = 6 source Wells Handpump Dam Borewell Ponds
There are five friends I, J, K, L and M. K's income is more than L's income but lesser than M's income. J's income is the least. I's income is lesser than K's income. Whose income is the maximum?
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Statement: In a bid to find a successor to founder CEO Rana Kapoor, The Yes Bank has formed a five member panel including two members from outside the bank, less than a week after Reserve Bank of India (RBI) cut short his tenure until January 31 2019. In a press release sent to the exchanges late on Tuesday evening, Yes Bank said that the “search and selection committee” would comprise of three members of the bank’s nomination and remuneration committee and also two external members, which the bank did not specify.  Courses of action: I. However, the board has requested the Reserve Bank of India (RBI) to grant an extension to Kapoor up to September 2019 ‘for finalization of audited financial statements for fiscal year ending March 2019 and in order for the statutory AGM process to be completed’. II. The board has also recommended the elevation of senior group presidents Rajat Monga and Pralay Mondal as executive directors ‘to ensure a long term succession plan within Yes Bank, and given the demonstrated track record of these two senior leaders’. All this will be subject to RBI approval.  III. The panel will comprise of five members and will focus on find a successor to Rana Kapoor.
Masud's income is 60 percent more than Robi's income, and Robi's income is 40 percent less than Moni's income. What percent of Moni's income is Masud's income?
Jadu’s income is 60% more than Madhu’s income and Madhus’s income is 40% less than Ram’s income. What percent of Jadu’s income is Ram’s income?
Mary's income is 60 percent more than Tim's income, and Tim's income is 40 percent less than Juan's income. What percent of Juan's income is Mary's income?
Income of A is 20 percent more than the income of B and income of B is 30 percent more than the income of C. The income of C is (approximately) how much percentage less than the income of A?
The income of P is 50% more than Q’s income and the income of Q is 50% more than R’s income. P’s income is how much percentage more than R’s income?
If income of Kamal is 40% more than the income of Raman and the income of Raman is 20% more than the income of Aman, then the income of Kamal is how much percent more than the income of Aman?