Banking & Finance
Quick practice
Question 1 of 5
Consider the following statements about banks and non-banks :
1.Both have different functions.
2.The main difference is that non-bank does not allow its depositors to withdraw money from their accounts.
Which of the statements given above is/are correct ?
A
Neither 1 nor 2
B
Both 1 and 2
C
1 only
D
2 only
Concepts
Get unlimited practice with APPSC and TSPSC Live subscription
Boost your performance with adaptive practice tests
Practice every concept in the syllabus
Compare your speed and accuracy with your peers
Download the app and practice on the go