Discussion Forum : Sources Of Business Finance
Question -


A commercial bank is a financial institution which performs the functions of accepting deposits from the general public and giving loans for investment with the aim of earning profits.

Options:
A .   True
B .   False
C .   Trade Credit
D .   Debentures
Answer: Option A
:
A

True. A commercial bank is a financial institution which performs the functions of accepting deposits from the general public and giving loans for investment with the aim of earning profits.


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