Practice mode Basic of Economics

Which of these is NOT a function of a commercial bank?

Correct answer B. Banker to the government

Explanation

Acting as banker to the government is a central bank function; commercial banks accept deposits, make loans and perform agency services for customers.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.