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Question : Which of the following is not the function of a commercial bank?

Option 1: Accepting deposits

Option 2: Money supply

Option 3: Agency function

Option 4: Credit creation


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 14th Jan, 2024

Correct Answer: Money supply


Solution : The correct option is Money Supply.

A commercial bank's duty is not to directly manage or set the amount of money in an economy. Rather, the central bank of a nation affects the money supply through its operations. As part of its monetary policy, the central bank, such as the Reserve Bank of India in India, can regulate and control the money supply.

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