Question

What are the functions of a commercial bank? ​

Answer 1

Answer:

Accept your deposit-the bank take the deposit in the form of saving, current,and fixed deposit

Answer 2

Answer:

Accepts deposit – The bank takes deposits in the form of saving, current, and fixed deposits. ...

Provides Loan and Advances – Another critical function of this bank is to offer loans and advances to the entrepreneurs and businesspeople and collect interest.

Explanation:

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