Which among the following does not qualify as a para banking activitya.deposit acceptanceb.referral servicesc.locker facilityd.ATM facility

To determine which option does not qualify as a para-banking activity, let's first understand what para-banking activities typically include. Para-banking activities are financial services related to banking but do not involve the traditional functions of banks such as accepting deposits, granting loans, or offering checking accounts.

1. Deposit Acceptance: This is a traditional banking function where banks accept savings and current deposits from customers. It is not a para-banking activity.

2. Referral Services: This involves advising customers about various financial products or services offered by third parties. This can be classified as a para-banking activity since it doesn't involve direct banking functions.

3. Locker Facility: Banks provide locker facilities for safe storage of valuables. This is often considered a service with a banking aspect, so it can be seen as a para-banking service.

4. ATM Facility: Automated Teller Machines provide access to money and account services without needing bank tellers; this is a common service provided by banks, thus falling under traditional banking activities.

Final Answer

Option A: Deposit Acceptance does not qualify as a para-banking activity.