Question

Q9. Praveen and Ishan are brothers .Praveen is a businessman who deals in buying and selling agricultural inputs
As
whereas, Ishan is working as a manager in a firm. Ishan wants to do business with Praveen along with his job.
it will become difficult for Ishan to manage two accounts Praveen suggest him to open an account which gives him
dual benefits to manage funds in business and his job.
a) Name and explain the type of bank a/c which will be opened by Ishan
b) Which two other type of a/c can be opened in banks by salaried people. Explain.
(5)
c) Give one function of commercial bank highlighted here.​

Answer 1

Answer:

c) give one function of commercial bank highlighted here

Answer 2

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Give one function of commercial bank highlighted here.