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Which of the following does not belong to the group? - Economic Applications

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Question

Which of the following does not belong to the group?

Options

  • Accepting deposits

  • Giving loans

  • Controlling credit

  • Creating credit

MCQ

Solution

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.

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Commercial Banks: Functions
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2021-2022 (April) Set 1
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