The differences between the central bank and commercial b...
The differences between the central bank and commercial bank is that the former ______
discount treasury bills
give loans to the public
saves valuable of individual
serves as lender of last resort
Correct answer is D
Options A, B,C are duties carried out by the commercial banks. Central bank is the apex bank. They offer loans to banks or other eligible institutions that are experiencing financial difficulties and have no other means of borrowing and fails to obtain credit.
Which of the followingis a modern trend in retailing ? ...
A cheque which a bank draws on its own funds is a? ...
Fidelity guarantee is an insurance cover against loss arising from? ...
The three components of staffing are? ...
Which of the following is a characteristic of a private company? ...
Which of the following is not a function of Ports Authority? ...
The temporary insurance certificate issued to the insured before drawing up a policy is a? ...
The document that gives an importer a freehand to obtain goods from any manufacturer is? ...