What are the functions of a bank?
A. Advance loan
B. Accepts deposits
C. Provide locker facilities
D. All of the above
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Bank: Definition, Evolution and Development. Functions and Roles ... The function of a Bank is to collect deposits from the public and lend those deposits for the development of Agriculture, Industry, Trade and Commerce. Bank pays interest at lower rates to the depositors and receives interests on loans and advances from them at higher rates.
Bank: Definition, Evolution and Development. Functions and Roles ... The function of a Bank is to collect deposits from the public and lend those deposits for the development of Agriculture, Industry, Trade and Commerce. Bank pays interest at lower rates to the depositors and receives interests on loans and advances from them at higher rates.Explanation:
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