Question
Which of the following is/are function(s) of a commercial bank?
This question was previously asked in
SSC CGL 2020 (Tier-2) Statistics Previous Year Paper 3 (28-Jan-2022)
The correct answer is
All 1, 2 and 3
Commercial banks perform a variety of functions such as:
- Accepting deposits from the public
- Providing loans to individuals and businesses
- Payments and settlement services for smooth financial operations
Therefore, all three options are correct.
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Similar Questions
Which one of the following is a primary function of commercial banks?
Imposition of price _______ below the equilibrium price leads to excess _______.
Which of the following is a secondary function of commercial banks?
Important Questions from Commercial Banks
Which of the following banks is the largest commercial bank in India?
Which one of the following is a primary function of commercial banks?
Imposition of price _______ below the equilibrium price leads to excess _______.
- Which of the following are liabilities of commercial banks ?
I. Capital and reserves
II. Cash and balances with RBI
III. Investments
IV. Borrowings
Codes : Which one of the following is not the fund based business of commercial banks?
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