Which of the following are the functions of
banking?
O Accept money on deposits
O Repay the money on demand
O Provide financial services for a price
O All of the above
Answers
Answered by
6
Answer:
Functions of a bank includes- providing project finance, selling mutual funds and deciding policy rates like Cash reserve ratio, repo rate, statutory rate, etc. A bank mainly functions two things- receive deposits and give loans. It also provide financial services such as wealth management.
Explanation:
It's option A
Answered by
0
Answer:
all answers are right because in each situation is done by bank
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