Which of the following is the function of the Commercial Banks?

(a) Issue of New Currency
(b) Financing self-liquidating activities
(c) Regulation of Foreign Exchange
(d) Financing long term infrastructure project

Anurag Mishra Professor Asked on 26th May 2016 in Economics.
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1 Answer(s)

Answer: (b) Financing self-liquidating activities 

Anurag Mishra Professor Answered on 29th May 2016.
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