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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Give the meaning of Commercial Banks? - Commerce

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Question

Give the meaning of Commercial Banks?

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Solution

Banks that accept deposits from the public and grant loans to traders, individuals, agriculture, industries, transport, etc., in order to earn profit.

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Chapter 11: Types of Banks - Exercises [Page 104]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 11 Types of Banks
Exercises | Q II. 1. | Page 104
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