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Question
SSC CGL - 2018
Economics

Which one of the following is a primary function of commercial banks?

This question was previously asked in
SSC CGL 2018 (Tier 2) Statistics Previous Year Paper (22-feb-2018)
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The correct answer is

Accepting deposits and providing loans

The correct answer is option 4. The primary function of commercial banks is to accept deposits and provide loans. This facilitates the financial transactions of individuals and businesses in the economy.

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