Class 11 Finance Important Chapter 6 Other Banks

Class 11 Finance Important Chapter 6 Other Banks Solutions English Medium As Per AHSEC New Syllabus to each chapter is provided in the list so that you can easily browse through different chapters ASSEB Class 11 Finance Important Solutions and select need one. AHSEC Class 11 Finance Additional Notes English Medium Download PDF. HS 1st Year Finance Important Solutions in English.

Class 11 Finance Important Chapter 6 Other Banks

Also, you can read the NCERT book online in these sections Solutions by Expert Teachers as per Central Board of Secondary Education (CBSE) Book guidelines. ASSEB Class 11 Banking Additional Question Answer are part of All Subject Solutions. Here we have given HS 1st Year Banking Important Notes in English for All Chapters, You can practice these here.

Other Banks

Chapter: 6

IMPORTANT QUESTION AND ANSWER

Answer the Following Questions:

1. What are the main functions of exchange banks?

Ans: Exchange banks deal in foreign exchange, facilitate international trade, provide foreign remittances, discount foreign bills, issue letters of credit, and encourage foreign investment.

2. Why were Regional Rural Banks established?

Ans: To provide institutional credit to rural areas, supporting small farmers and rural entrepreneurs, and reducing dependence on moneylenders.

3. How do investment banks support industrial development?

Ans: They provide medium- and long-term finance, underwrite shares and debentures, advise on mergers and acquisitions, and help manage financial risks.

4. What distinguishes development banks from commercial banks?

Ans: Development banks provide medium- and long-term finance with a development focus, do not accept demand deposits, and support regional and sectoral development.

5. What is the role of EXIM Bank in India?

Ans: It finances and supports export-import trade, coordinates export financing institutions, provides advisory services, and helps exporters and importers with foreign trade operations.

6. How are co-operative banks different from commercial banks?

Ans: Co-operative banks operate on mutual help principles, focus on rural and agricultural credit, have a service motive, and a three-tier structure, unlike profit-driven commercial banks.

7. What kind of loans do agricultural banks provide?

Ans: Short-, medium-, and long-term loans for agricultural inputs, machinery, land improvement, and allied activities.

Fill in the Blanks:

1. Exchange banks specialize in _______ exchange and international trade financing.

Ans: Foreign.

2. Regional Rural Banks were established in the year _______.

Ans: 1975.

3. Development banks primarily provide _______ and long-term finance.

Ans: Medium.

4. EXIM Bank was established in India in the year _______.

Ans: 1982.

5. Co-operative banks operate on the principle of _______ and mutual help.

Ans: Cooperation.Conceptual Short Notes

Short Notes:

1. Exchange Banks.

Ans: Foreign-origin banks specializing in foreign exchange transactions and international trade finance. They facilitate currency exchange, foreign remittances, and encourage foreign investments.

2. Regional Rural Banks.

Ans: Rural-based banks established to provide credit and banking services to rural populations, small farmers, and rural entrepreneurs, helping reduce dependence on informal moneylenders.