English

What do you understand by commercial banks?

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Questions

What do you understand by commercial banks?

Define a commercial bank.

What are Commercial Banks?

One Line Answer
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Solution

A commercial bank is a financial institution which accepts deposits from the public, offers checking and saving account services and make loans.

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Chapter 8: Commercial Banks - QUESTIONS [Page 218]

APPEARS IN

Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 8 Commercial Banks
QUESTIONS | Q 1. | Page 218
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 7 Commercial Banks
Exercise | Q 1. | Page 172
Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 8 Commercial Banks
QUESTIONS | Q 2. (i) a. | Page 218
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