πŸ“Š Fundamentals of Economics
Q. Which one of the following functions of commercial banks include collection of cheques, drafts, bill of exchange etc. of their customers from other banks?
  • (A) Agency Function
  • (B) Creation of Credit
  • (C) Payment of Loans and Advances
  • (D) General Utility Function
πŸ’¬ Discuss
βœ… Correct Answer: (A) Agency Function

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