Indian Navy SSR Mock Test in English
Question - 1
Direction (Q. No. 1-5) : Read following passage carefully and answer the questions that follow :
Banks play a vital role in the functioning of any economy. To those who have money to spare, banks are the custodians of their savings, on which a good return can be earned by wise and efficient management. The millions of small farmers, artisans and other self-employed persons, a bank can be a resource of credit, which is the very basis for any effort to improve their meager economic lot. Even established trade and industry, big or small, cannot function or expand without adequate bank credit on reasonable terms. For our growing number of educated young men and women, banks offer an opportunity for employment, which at the same time is an opportunity for serving the society. To those who do not have business of their own, bank, like the postal system or the railways, provide a facility for our day to day life.
Question-1 : Banks are not ___________