Explain the forms of accommodation
Briefly explain the Secondary function
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Forms or Methods of Accommodation:
Yielding to coercion or admitting one's defeat: Coercion means the use of force or the threat of force to terminate a conflict. ...
Compromise: ...
Arbitration and Conciliation: ...
Toleration: ...
Conversion: ...
Rationalisation: ...
Super-ordination and Subordination:
Secondary Functions of Commercial Banks
A bank acts as an agent to its customers for various services like: Collecting bills, draft, cheques, etc. Paying the insurance premium, rent, loan installments, etc. Working as a representative of a customer for purchasing or redeeming securities, etc.
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