Question

Explain agency functions and utility functions of banks.​

Answer 1

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Agency Functions of Commercial Bank -

• Collection of cheques, Bills etc - Bank collect the cheques, bills, Drafts and other Negotiable Instruments deposited by their customers.

• Making and collecting payments - ...

• Accepting Bills - ...

• Remittance facilities- ...

• Purchase and Sale of Shares and Securities - ...

• Reference Letter- ...

• Acting as Trustees-

Answer 2

Answer:

So what's your name?

which standard are u studying??