Question : It is a bank which performs the function of accepting deposits and granting loans from the public.
Option 1: Commercial bank
Option 2: Central Bank
Option 3: Reserve bank of India
Option 4: None of the above.
Correct Answer: Commercial bank
Solution : Commercial bank primary function is to accept deposits and grant loans. Hence Option A is correct.
Question : Which of the following is a function of the Small Industries Development Bank of India (SIDBI)?
Question : Which of the following is not a function of the Securities and Exchange Board of India (SEBI)?
Question : Which of the following is a function of the Reserve Bank of India (RBI)?
Question : Which of the following is a function of the Securities and Exchange Board of India (SEBI)?
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