4 - Banking in India
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Practice Questions
Test your understanding with targeted questions
What is the primary function of banks?
💡 Hint: Think about what banks do with your money.
Can you name the four functions of money?
💡 Hint: Use the acronym 'MMSD' to help remember.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is a primary function of commercial banks?
💡 Hint: Think about what most people do with their money in banks.
The Reserve Bank of India is responsible for managing:
💡 Hint: Recall the roles of the central bank.
1 more question available
Challenge Problems
Push your limits with advanced challenges
Analyze the effects of the 2016 demonetisation on small businesses in urban areas.
💡 Hint: Consider how daily cash operations were affected.
Design a plan for a new banking product aimed at promoting digital payments amidst the backdrop of previous demonetisation efforts.
💡 Hint: Think about why people might be motivated to use digital transactions.
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