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Identify the agency functions of the commercial banks from the following: - Economic Applications

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Question

Identify the agency functions of the commercial banks from the following:

Options

  • Accepting deposits

  • Giving outloans

  • Acting as a trustee of the property of the customers

  • Providing general utility services

MCQ

Solution

Acting as a trustee of the property of the customers

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Commercial Banks: Functions
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2023-2024 (February) Official
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