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Commercial banks accept deposits, lend money and provide other services. - Commercial Applications

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Question

Commercial banks accept deposits, lend money and provide other services.

Options

  • True

  • False

MCQ
True or False

Solution

This statement is True.

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Commercial Banks: Functions
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Chapter 7: Banking and Bank Transactions - EXERCISES [Page 124]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 7 Banking and Bank Transactions
EXERCISES | Q 17. | Page 124
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