English

Mention two important functions of a commercial bank. - Economics

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Question

Mention two important functions of a commercial bank.

Very Short Answer
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Solution

The following are the important functions of ca ommercial bank:

  1. Accepting deposits
  2. Advance loans.
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Chapter 25: Bank and Commercial Bank - TEST QUESTIONS [Page 25.11]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 25 Bank and Commercial Bank
TEST QUESTIONS | Q A. 3. | Page 25.11
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