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What do you understand by commercial banks? - Economic Applications

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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 199]

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Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 8 Commercial Banks
QUESTIONS | Q 1. | Page 199
Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 8 Commercial Banks
QUESTIONS | Q 2. i | Page 200
Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 8 Commercial Banks
QUESTIONS | Q 3. i | Page 200
Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 8 Commercial Banks
QUESTION BANK | Q 1. | Page 200
Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 8 Commercial Banks
QUESTION BANK | Q 17. i | Page 201
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 7 Commercial Banks
Exercise | Q 1. | Page 145
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 7 Commercial Banks
QUESTION BANK | Q 1. | Page 146
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 7 Commercial Banks
QUESTION BANK | Q 16. (i) | Page 147
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 7 Commercial Banks
Exercise | Q 3. (i) | Page 146
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