402. Identify the correct combination of statements with regard to banking in India.
1. For many years the presidency banks had acted as quasi-central banks.
2. The Bank of Hindustan was liquidated during 1829-32.
3. General Bank of India was an unsuccessful bank and was dissolved in 1791.
4. Bank of Calcutta was renamed as Bank of Bengal in 1921.
1. For many years the presidency banks had acted as quasi-central banks.
2. The Bank of Hindustan was liquidated during 1829-32.
3. General Bank of India was an unsuccessful bank and was dissolved in 1791.
4. Bank of Calcutta was renamed as Bank of Bengal in 1921.
404. The . . . . . . . . advance is an advance where payment of interest and/or repayment of installment of principal remain unpaid for a period of two quarters or more.
405. Lot of banks in India, these days are offering M-Banking facility to their customers. What is the full form of 'M' in 'M-Banking'?
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