English

Define a commercial bank.

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Question

Define a commercial bank.

Definition
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Solution

A commercial bank is defined as a financial institution which provides services such as accepting deposits, giving business loans, mortgage lending and basic investment products such as savings account and certificates of deposit.

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Chapter 7: Commercial Banks - Exercise [Page 173]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 7 Commercial Banks
Exercise | Q 3. (i) | Page 173
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
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QUESTION BANK | Q 1. | Page 173
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 7 Commercial Banks
QUESTION BANK | Q 16. (i) | Page 174
Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 8 Commercial Banks
QUESTIONS | Q 3. (i) | Page 219
Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 8 Commercial Banks
QUESTION BANK | Q 1. | Page 219
Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 8 Commercial Banks
QUESTION BANK | Q 17. (i) a. | Page 220
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