हिंदी

Which service involves banks collecting dividends or paying bills on behalf of customers for a fee?

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प्रश्न

Which service involves banks collecting dividends or paying bills on behalf of customers for a fee?

विकल्प

  • Credit creation

  • Agency functions

  • Time deposits

  • Overdraft

MCQ
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उत्तर

Agency functions

Explanation: 

Banks act as agents for collections, payments, investments, and foreign exchange.

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