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.
Answer (1)
25th Jan, 2024
Correct Answer:
Commercial bank
Solution :
Commercial bank primary function is to accept deposits and grant loans.
Hence Option A is correct.
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