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Fill in the Blank Using Proper Alternatives Given in the Bracket:The Primary Function of Commercial Banks is to ................... - Economics

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Question

Fill in the blank using proper alternatives given in the bracket:

The primary function of commercial banks is to ...................

Options

  • Purchase and sale securities

  • accept deposits

  • Provide safe deposit vaults 

  • issue letter of credit

MCQ
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Solution

The primary function of commercial banks is to Accept deposits.

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2014-2015 (October)

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