English

Identify the agency functions of the commercial banks from the following:

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Question

Identify the agency functions of the commercial banks from the following:

Options

  • Accepting deposits

  • Giving outloans

  • Acting as a trustee of the property of the customers

  • Providing general utility services

MCQ
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Solution

Acting as a trustee of the property of the customers

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Chapter 8: Commercial Banks - QUESTIONS [Page 216]

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Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 8 Commercial Banks
QUESTIONS | Q 24. | Page 216
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