Question

secondary functions of commercial banks❓❓​

Answer 1

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Answer:

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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Answer 2

Explanation:

Secondary functions include agency services and general utility services...

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