Which of the following is/are the functions of the bank?Agency servicesAll of the aboveLending moneyAccepting deposits (2024)

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Question

A

Accepting deposits

B

Lending money

D

Agency services

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Solution

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Banks perform the functions of accepting deposits, lending money and providing agency services.

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Which of the following is/are the functions of the bank?Agency servicesAll of the aboveLending moneyAccepting deposits (2024)
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