One of the functions of commercial banks is
...One of the functions of commercial banks is
Maintaining stable price in the economy
Regulating monetary policies
Granting loans to customers
Issuing bank notes and coins
Correct answer is C
The primary functions of a commercial bank are accepting deposits and also lending funds. Deposits are savings, current, or time deposits. Also, a commercial bank lends funds to its customers in the form of loans and advances, cash credit, overdraft and discounting of bills, etc.
Households make economic decisions because they want to ...
The major function of the wholesaler to his customers is ...
Inflation may occur if there is ...
Increase in production subsidies will shift ...
Buying and selling of shares is a function performed mostly by the ...
Which of the following hinder(s) effective distribution of goods in Nigeria? ...