Chirkut.বাংলা

MCQ practice · SSC Bangladesh and Global Studies Board questions · Chapter 12: The Financial and Banking Systems of the Government of Bangladesh

Chattogram Board 2019

A clear difference is seen between banks 'P' and 'Q' in-

  1. i. the controlling institution
  2. ii. the objective of providing service
  3. iii. the disbursement of loans of various terms

Think it through first, then pick an option.

  1. a i and ii
  2. b i and iii
  3. c ii and iii
  4. d i, ii and iii
Answer and explanation

Correct answer: c ii and iii

The true statements are ii and iii. ii: a commercial bank works for commercial profit, Krishi Bank for agricultural development. iii: a commercial bank mainly gives short-term loans, Krishi Bank short, medium and long term.

Why the other options are wrong

  • a i and ii: i is false: both banks are under the central bank; there is no difference here. iii is left out although it is true: a commercial bank mainly gives short-term loans, Krishi Bank short, medium and long term.
  • b i and iii: i is false: both banks are under the central bank; there is no difference here. ii is left out although it is true: a commercial bank works for commercial profit, Krishi Bank for agricultural development.
  • d i, ii and iii: i is false: both banks are under the central bank; there is no difference here.