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Which of the following is a commercial bank?
- a)Punjab National Bank
- b)Canara bank
- c)State Bank of India
- d)All of these
Correct answer is option 'D'. Can you explain this answer?
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Which of the following is a commercial bank?a)Punjab National Bankb)Ca...
Commercial Banks
Commercial banks are financial institutions that provide various banking services to individuals, businesses, and governments. These services include accepting deposits, granting loans, facilitating transactions, and offering other financial products and services.
Punjab National Bank (PNB)
Punjab National Bank is a commercial bank based in India. It is one of the largest public sector banks in the country and offers a wide range of banking services such as savings accounts, current accounts, fixed deposits, loans, credit cards, and more. PNB operates through a vast network of branches and ATMs across India, catering to the banking needs of individuals and businesses.
Canara Bank
Canara Bank is another commercial bank in India. It is a public sector bank and provides various banking services to its customers. These services include deposit accounts, loans, credit cards, insurance, wealth management, and other financial products. Canara Bank has a significant presence in India with a large number of branches and ATMs.
State Bank of India (SBI)
The State Bank of India (SBI) is the largest commercial bank in India. It is a public sector bank and offers a comprehensive range of banking services to its customers. SBI provides services like savings accounts, current accounts, loans, credit cards, investment options, and more. With its extensive branch and ATM network, SBI serves millions of customers across India and even has a presence in other countries.
All of These
The correct answer is option 'D' - All of these. All three banks mentioned - Punjab National Bank, Canara Bank, and State Bank of India - are commercial banks. They operate as financial institutions, providing banking services to individuals, businesses, and governments. These banks play a crucial role in facilitating economic activities by accepting deposits, lending money, and facilitating financial transactions.
In summary, all three banks mentioned, Punjab National Bank, Canara Bank, and State Bank of India, are commercial banks that offer a range of banking services to their customers.
Commercial banks are financial institutions that provide various banking services to individuals, businesses, and governments. These services include accepting deposits, granting loans, facilitating transactions, and offering other financial products and services.
Punjab National Bank (PNB)
Punjab National Bank is a commercial bank based in India. It is one of the largest public sector banks in the country and offers a wide range of banking services such as savings accounts, current accounts, fixed deposits, loans, credit cards, and more. PNB operates through a vast network of branches and ATMs across India, catering to the banking needs of individuals and businesses.
Canara Bank
Canara Bank is another commercial bank in India. It is a public sector bank and provides various banking services to its customers. These services include deposit accounts, loans, credit cards, insurance, wealth management, and other financial products. Canara Bank has a significant presence in India with a large number of branches and ATMs.
State Bank of India (SBI)
The State Bank of India (SBI) is the largest commercial bank in India. It is a public sector bank and offers a comprehensive range of banking services to its customers. SBI provides services like savings accounts, current accounts, loans, credit cards, investment options, and more. With its extensive branch and ATM network, SBI serves millions of customers across India and even has a presence in other countries.
All of These
The correct answer is option 'D' - All of these. All three banks mentioned - Punjab National Bank, Canara Bank, and State Bank of India - are commercial banks. They operate as financial institutions, providing banking services to individuals, businesses, and governments. These banks play a crucial role in facilitating economic activities by accepting deposits, lending money, and facilitating financial transactions.
In summary, all three banks mentioned, Punjab National Bank, Canara Bank, and State Bank of India, are commercial banks that offer a range of banking services to their customers.
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Which of the following is a commercial bank?a)Punjab National Bankb)Canara bankc)State Bank of Indiad)All of theseCorrect answer is option 'D'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Which of the following is a commercial bank?a)Punjab National Bankb)Canara bankc)State Bank of Indiad)All of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is a commercial bank?a)Punjab National Bankb)Canara bankc)State Bank of Indiad)All of theseCorrect answer is option 'D'. Can you explain this answer?.
Which of the following is a commercial bank?a)Punjab National Bankb)Canara bankc)State Bank of Indiad)All of theseCorrect answer is option 'D'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Which of the following is a commercial bank?a)Punjab National Bankb)Canara bankc)State Bank of Indiad)All of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is a commercial bank?a)Punjab National Bankb)Canara bankc)State Bank of Indiad)All of theseCorrect answer is option 'D'. Can you explain this answer?.
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