which is common man's bank?
a) commercial bank.
b) central bank .
c) A and B both.
d) none of these.
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Explanation:
✳Answer✳
✳a) commercial bank.✳
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a) commercial bank
What is a Commercial Bank?
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit.
Functions of a Commercial Banks:
(a) Primary functions
- Accepts deposit
- Provides loan and advances
- Credit cash
(b) Secondary functions
- Discounting bills of exchange
- Overdraft facility
- Purchasing and selling of the securities
- Locker facilities
- Paying and gathering the credit
Therefore, commercial bank is common man's bank
To know more about commercial bank , use the given links:
https://brainly.in/question/257549
https://brainly.in/question/19292536
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