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Gaurav Seth 6 years ago
'Bank' is a financial institution that accepts deposits and channels the money into lending activities. 'Banking' as an activity involves acceptance of deposits and lending or investment of money.
1.Central bank: Central bank is the apex institution of a country’s banking system. It controls, regulates, and supervises the activities of commercial banks. In India, the Reserve Bank of India is the central bank.
2. Commercial banks : Commercial banks accept the deposits for the purpose of being lent to industry or trade. These Eire governed by the Indian Banking Regulation Act, 1949. These are sub-divided into :
(i) Public sector banks : Public sector banks are managed and controlled by the government as it is the major shareholder. These banks make policies keeping in view the welfare of the people.
(ii) Private sector banks : These are managed and controlled by private individuals as a majority
of shareholders are from private concerns. These banks work on a profit basis.
(iii) Cooperative banks : These banks are formed to provide/grant loans to its members on easy terms. These are controlled by the State Corporation Societies Act.
(iv) Specialised banks : These banks are formed with the purpose of providing specific needs of the industry.
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<i>Copulation</i> is an even more scientific way of saying "sexual intercourse." You can use this word to describe the sexual practices of both humans and animals. Zoologists need to make sure there is copulation among endangered animals such as pandas. Stray animals like cats engage in a lot of copulation, which is why there are so many cats. If your female dog is not fixed and copulates at the park, you might have puppies on the way soon.That's all.
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Aryan Modi 6 years ago
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