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Primary functions of a commercial banks are ……….. and lending

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Looking for the answer to the question below related to Modern Banking?

Primary functions of a commercial banks are ……….. and lending

 Options:

  • A. Honouring cheques
  • B. Accepting deposits
  • C. Issuing cheques
  • D. Issuing DD

The Correct Answer Is:

  • B. Accepting deposits

 

Conclusion

I hope you got the answer to your question.

 

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