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प्रश्न
Which of the following does not belong to the group?
पर्याय
Accepting deposits
Giving loans
Controlling credit
Creating credit
उत्तर
Controlling credit
Explanation:
Commercial banks serve a variety of functions, including accepting loans, making loans, and producing credit, with the exception of credit control, which is handled by the Central Bank. The Central Bank regulates the credit extended by Commercial Banks to their customers through this function.
APPEARS IN
संबंधित प्रश्न
Explain briefly the five agency functions of a commercial bank.
State one point of difference between Cash Credit and Overdraft.
Assertion (A): Central Bank provides loans to the commercial bank in the situation of financial distress.
Reasoning (R): Central Bank can order the government to help the bank facing the financial crisis.
Explain the features of savings bank account.
Study the picture below and explain any two of its functions.
What are the two main functions of a commercial bank?
A commercial bank accepts deposits from the people for the purposes of giving loans and making investments.
Mention primary functions of commercial banks.
What are saving bank accounts?
Explain three ways by which commercial banks advance loans to the public.
