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  • 1 answers

Gaurav Seth 5 years, 4 months ago

1. Acceptance of Deposits : Accepting of deposits from the public is the most important function of bank. It takes the savings and surplus of people. Banks provide a safe custody of the deposited cash. Depositors can easily transfer money and can make the payments through cheques.
Banks provide an attractive rate of interest on their deposits. There are various types of deposits which can be opened in the bank like Fixed Deposit. Savings Deposit and Current Deposit.

2. Making Loans and Advances : It is another equally important functions of bank. Banks accept surplus money of people and provide loans and advances to the needy persons. It is through loans and advances, banks earn profit. Loans and advances are provided through banks in the following forms :
(i) Loan, (ii) Overdraft, (iii) Cash credit, (iv) Discounting of bills and exchange.

(i) Loan : Loan is a lumpsum advance made by a bank against security or otherwise. In it specified amount is either paid to the customer in cash or is credited in his account. The borrower is required to pay a prefixed rate of interest on the amount of loan from the date of the sanction of the loan.
The loan may be refunded in instalment or in lumpsum. Short and medium term loans are provided by commercial banks.

(ii) Overdraft: Under this system a current account holder is allowed to overdraw his bank account i.e., he can draw upto a fixed limit more than the balance in his account withdrawal at any time.

(iii) Cash-credit: In cash credit, a customer is given credit upto a definite limit against a surety bond or against other securities. The interest is charged on the amount overdrawn by customer on the daily balance and not on the entire amount of the limit.

(iv) Discounting of Bills of Exchange : Bill of Exchange is a negotiable instrument. It is drawn by the seller and is accepted by the buyer. The drawer has got a facility to discount the bill of exchange before maturity if money is required immediately. The bank discounts the bill and deducts a certain amount as discounting charges and pays the remaining money to the drawer.

Secondary functions subsidiary functions can be classified as :

(a) Agency functions
(b) Utility functions.

(a) Agency functions : These are the functions which banks perform as an agent of their customers.

1. Collection of cheques and bills : It collects local and outstation cheques, drafts, bills of exchange, and promissory notes of its customers and credit to their account.

2. Collection of Interest and Dividend : It also collects interest and dividend on debentures and securities held by its customers.

3. Purchase and sale of securities : On instructions from its customers banks purchase or sell stock securities, debentures, bonds etc.

(b) Utility functions : Banks provide the following utility or miscellaneous functions :

1. Safe custody of customers' valuable articles and securities : Some banks provide the facilities of lockers where on nominal rent a customer can keep its valuable articles such as ornaments, jewellery etc.

2. Facility of Foreign Exchange : After obtaining a license from the Reserve Bank of India, commercial banks can deal in foreign exchange. The banks can exchange the various foreign currencies and even discount foreign bills of exchange.

3. Provide Trade Informations : Banks provide useful trade information to its customer through publishing various journals.

  • 1 answers

Yogita Ingle 5 years, 4 months ago

The emperor, the aristocracyand the army were the "three main players" in the political history of the empire. The success of individual emperors dependedon their control of the army, and when thearmies were divided, the result usually was civil war. Except for one notorious year , when four emperorsmounted the throne in quick succession, the first two centuries werefree from civil war.

  • 2 answers

Harsh Kumar Verma 5 years, 4 months ago

The mass of moon is apple se thora sa jayda

Sneha Ramparia 5 years, 4 months ago

0.2 kg
  • 4 answers

Isha Sharma 5 years, 4 months ago

He is neither living nor non living

Abhinandan Uday Mangla 5 years, 4 months ago

Living

Exquisite Lo.. 5 years, 4 months ago

Thanks

Gaurav Seth 5 years, 4 months ago

A person lying in comma neither responds to environmental stimuli nor has self-consciousness. He/she is supported by machines to carry out the vital life processes and he/she is brain-dead. Some of these patients never come back to normal life. Such persons can neither be considered as living nor non-living.

  • 1 answers

Yogita Ingle 5 years, 4 months ago

The three main players of Roman Empire in political history are as follows,

1. The Emperor – He was the ruler of whole empire and was Emperor Augustus known to be the one who established the Empire over the republican government abolishment.

2. The Senate – the Aristocrats of Roman Empire were the members of the Senate.  

3. The Army – the powerful guardian of the realm were the Army who knobbed all the mutiny uprising against the empire in the bud.  

  • 2 answers

Jaismeen Cheema 5 years, 4 months ago

Make your learning interesting it forces u to study like listen videos of chapters and take pen and notebook in hand while learning. Make flash cards of small things and revise on Sunday. Use color pens. Make flowchart of small things. Understand by drawings and pictures. Make ur learning creative, it makes u study by heart and makes ur learning easy. ☺☺ all the best ??

Akash Pandey 5 years, 4 months ago

I think you have lack of inspiration & motivation.
  • 2 answers

Yogita Ingle 5 years, 4 months ago

Chemotaxonomy is the identification and classification of organisms based on similarities and differences in biochemical composition. Cytotaxonomy can also be defined as the classification of organisms based on differences at the biochemical level especially in the amino acid sequences of common protein.

Akash Pandey 5 years, 4 months ago

Hello The method of biological classification based on similarities in the structure of certain compounds among the organisms being classified is called chemotaxonomy.
  • 2 answers

Parmar Ruchit 5 years, 4 months ago

इन हिंदी

Parmar Ruchit 5 years, 4 months ago

उत्पादन संभावना वक्र समजाए
  • 1 answers

Gaurav Seth 5 years, 4 months ago

Accounting principles, concepts and conventions are known as Generally Accepted Accounting Principles (GAAP). These principles are the base of Accounting. Generally Accepted Accounting Principles (GAAP) refers to the rules or guidelines adopted for recording and reporting of business transactions, in order to bring uniformity and consistency in the preparation and the presentation of financial statements.

These principles have evolved over a long period of time on the basis of experiences of the accountants, customs, legal decisions etc., and which are generally accepted by the accounting professionals.

  • 2 answers

Gaurav Seth 5 years, 4 months ago

Definition: An inferior good is a type of good whose demand declines when income rises. In other words, demand of inferior goods is inversely related to the income of the consumer.

Description: For example, there are two commodities in the economy -- wheat flour and jowar flour -- and consumers are consuming both. Presently both commodities face a downward sloping graph, i.e. the higher the price the lesser will be the demand and vice versa. If the income of consumer rises, then he would be more inclined towards wheat flour, which is a little costly than jowar flour.

Yogita Ingle 5 years, 4 months ago

There are a few commodities the demands for which move in the converse path of the earning of the customer. These goods are known as inferior goods.

As the earning of the customer rises, the demand for an inferior good drop, and as the earning drops, the demand for inferior good increases. Instances of inferior goods incorporate low quality food items like cereals. A commodity can be a normal commodity for the customer at some degrees of income and an inferior commodity for them at other degrees of income. At very low levels of earning, a customer’s demand for low-quality cereals can rise with earning. However, after a level, any rise in earning of the customer is likely to drop his or her consumption and utilization of such food items as they change to better quality cereals.

  • 3 answers

Kanika Malik 5 years, 4 months ago

Division of labour is a mark of urban life.In such system some people gave commands which other follows.

Gaurav Seth 5 years, 4 months ago

Division of labor is essential to economic progress because it allows people to specialize in particular tasks. This specialization makes workers more efficient, which reduces the total cost of producing goods or providing a service.

Yogita Ingle 5 years, 4 months ago

Division of labour means that the main process of production is split up into many simple parts and each part is taken by different workers .Who are specialised in the production of that specific part.

Division of labour is immensely important in our economic system because it allows for work to be done much more quickly and efficiently than it would be with out the division of labour

  • 2 answers

Parveen Kumar 5 years, 4 months ago

No

Manish Kumar 5 years, 4 months ago

Nahi , hamara samvidhan ek jeevant dastavej he
  • 1 answers

Gaurav Seth 5 years, 4 months ago

concave to the point of origin

The slope of production possibility curve is marginal opportunity cost which refers to the additional sacrifice that a firm makes when they shift resources and technology from production of one commodity to the other. Since resources are use specific, therefore every time when one more unit of a commodity is produced more units of the other commodity is sacrificed that results in increasing marginal opportunity cost which leads to the concave shape of PPC to the origin.

  • 2 answers

Muskan Rani 5 years, 4 months ago

Cost of sales is >> Opening Stock + Purchases – Closing StockGross Profit is >> Sales – cost of sales

Sonal Saxena 5 years, 4 months ago

Gross profit + opening stock + purchases + direct expenses- Sales
  • 1 answers

Gaurav Seth 5 years, 4 months ago

3. The lines, “I am the Poem of Earth”, said by the voice of the rain, reflects a connection between rain and poetry. This connection becomes more conspicuous in the final two lines, “(For song, issuing from its birth-place, after fulfillment, wandering  Reck’d or unreck’d, duly with love returns)”. In these lines, the poet draws similarities between rain and music observing that the life-cycle of rain and song are alike. The song issues from the heart of the poet and travels to reach others. It wanders and, whether heard and enjoyed or not, eventually returns to its creator with all due love. Similarly, rain originates from the earth, and after fulfilling its role of spreading beauty and purity, returns to its origin. Both are perpetual in nature. Moreover, the sound of the soft-falling rain is in itself a kind of music.   

  • 1 answers

Jasmeen Kaur 5 years, 4 months ago

White rust, caused by Albugo candidans, is a disease of crucifers that causes yield loss through defoliation, root injury, and reduction of market quality. Spinach, horseradish, and mustard are affected more seriously than other crucifers. "HOPE IT HELPS you
  • 1 answers

Gaurav Seth 5 years, 4 months ago

Protection, anchorage and absorption for alga

Lichen is a symbiotic association between blue-green algae and fungus. In this, blue-green algae provide food and nutrition obtained by photosynthesis. In turn, fungus provides protection, anchorage and absorption of water and nutrition from soil for algae.

  • 2 answers

Nikita Goswami 5 years, 4 months ago

Okk

Rachit Agrawal 5 years, 4 months ago

Possible
  • 1 answers

Gaurav Seth 5 years, 4 months ago

Purchase is the cost of buying inventory during a period for the purpose of sale in the ordinary course of the business. It is therefore a kind of expense and is hence included in the income statement within the cost of goods sold.

  • 2 answers

Anmol Dudeja 5 years, 4 months ago

Linear momentum

Disha Sharma 5 years, 4 months ago

Linear momentum
  • 1 answers

Bhargavee Tripathi 5 years, 4 months ago

It was coined by Carolus Linnaeus in 1735 and was defined by American biologist George Gaylord Simpson .
  • 1 answers

Bhargavee Tripathi 5 years, 4 months ago

It depicts the value of English and the knowledge of English among commoners . It shows that the common villagers didn't even know the meaning of ' change' in respect to money. It shows that English was not the common medium between people that time. The didn't even get the basic words which are so common nowadays.
  • 1 answers

Yogita Ingle 5 years, 4 months ago

When the narrator visited Mrs' Dorling's house the second time, the latter's daughter allowed the narrator to come inside. The narrator noticed all the belongings of her mother kept inside the room in a very tasteless manner. Seeing this, she decided to leave without meeting Mrs. Dorling and forego all the belongings of her mother. She thought that having all these things will not be of any use since these cannot bring her loved ones back and bring peace to her mind. So, she left at once.

  • 3 answers

The Amazer 4 years, 6 months ago

No, Mrs. Dorling didn't really wanted to help the family as she wanted their family to die in the torture camps so, that all items belonged to narrator could be owned by her.

Sakshi Gupta 5 years, 4 months ago

Mrs dorling is a greedy lady and she don't want to help narrator's family but she used the chance and owned the more and more things.

Yogita Ingle 5 years, 4 months ago

The narrator's mother allowed Mrs. Dorling to take away many precious things from her home in order to keep them safe with her. Mrs. S, the mother of the narrator was unable to keep her belongings safe with her because of the war. Therefore she had asked Mrs. Dorling to keep them with her and return them when the war would come to an end.

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