Question

Function of commercial bank is

• A. Accepting deposits
• B. Providing loan
• C. Functioning as agency
• D. All of these

Hint:

Commercial banks serve as financial intermediaries with diverse roles.

Answer 1

The Correct Option is D

Step 1:
Commercial banks perform multiple functions, including accepting deposits from customers, providing loans, and acting as an agency for various financial services (e.g., payments, collections).
Step 2:
These functions are core to their operations and are collectively represented by option (D).
Step 3:
Therefore, the correct option is (D) All of these.