English

Select the correct answer from the options given below and rewrite the statement.Borrowing/Accepting and lending money are considered as _______ functions of bank. - Secretarial Practice

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Question

Select the correct answer from the options given below and rewrite the statement.
Borrowing/Accepting and lending money are considered as _______  functions of bank.

Options

  • Primary

  • Secondary

  • Agency

MCQ

Solution

Borrowing/Accepting and lending money are considered as Primary functions of bank.

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Functions of Commercial Bank
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Chapter 11: Correspondence with Banks - Exercise Q.1 [Page 169]

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Balbharati Secretarial Practice [English] 11 Standard Maharashtra State Board
Chapter 11 Correspondence with Banks
Exercise Q.1 | Q 1.07 | Page 169
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