Choose the correct pair :
1] Accepting deposits - (a) Organised money market
2] Credit control - (b) Unorganised money market
3] Brokers - (c) Function of commercial bank
4] Co-operative banks - (d) Function of Central bank
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The correct pair will be as follows...
1] Accepting deposits ⫷⫸ (c) Function of commercial bank
2] Credit control ⫷⫸ (d) Function of Central bank
3] Brokers ⫷⫸ (b) Unorganised money market
4] Co-operative banks ⫷⫸ (a) Organised money market
✎...
1] Function of commercial banks is to accept money.
2] The main central bank controls all financial credits.
3] Brokers are people belonging to an unorganized money market.
4] Co-operative banks are a type of organised money market.
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