Question

define bank also explain the functions of commercial bank and Reserve Bank

Answer 1

function of commercial bank is purchase of granting loans to infividual and businesses .
function of reserve bank is overseng monetary police ,issuing currency managing foreign currency.
bank mean primary functions include accepting deposits and lending money
may be its helpful for you

Answer 2

Hey,

bank is an institution who deposits our money n provide loans.
The main function of commercial bank is credit creation, to facilities overdraft, to provide credit for individual, business purposes n farmers also , discounting the bills, to issues credit like cheque, draft, exchange bill, hundi etc.


The main function of rbi is :
# credit control
#issuing Currency