Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-5

  • question_answer
    Which of the following services relate to execution of transactions directly with consumers, rather than corporations or other banks?

    A)  Wholesale Banking Services

    B)  Industrial Banking Services

    C)  Investment Banking Services

    D)  Corporate Banking Services

    E)  Retail Banking Services

    Correct Answer: E

    Solution :

     Retail banking is whereby which banking institutions execute transactions directly with consumers, rather than corporations or other banks. Services offered include; saving and checking accounts, mortgages, personal loans, debit cards amongst others. The term is generally used to distinguish these banking services from investment banking, commercial banking or wholesale banking.


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