MC20 Which of the following is not a major source of funds for banks in India?
A. Deposits from customers
B. Borrowings from other banks
C. Government grants
D. Issuance of bonds and debentures
Answer:C
MC20 Which of the following is not a major source of funds for banks in India?
A. Deposits from customers B. Borrowings from other banks C. Government grants D. Issuance of bonds and debentures
Explanation: Government grants are not a major source of funds for banks in India. Banks primarily raise funds through deposits from customers, borrowings from other banks, and issuance of bonds and debentures.