Question

aims and objectives commercial bank​

Answer 1

Answer:

Commercial banks are profit- seeking businesses ; Their main objective is to achieve a profit by earning more from the interest charged on loans than the interest paid to depositors;Commercial banks can also make profits from providing other services such as deposit security, currency trading, business advice.

Explanation:

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Answer 2

1) regulation of the note issue

2) controlling credit system

3)providing guidance to commercial banks

4) achieving monetary stability in the economy

5) evolving and implemention unfiorm credit policy throughout the country