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Commercial Banking objectives Multiple Choice Fill up


1. Deposits from ______________ account can be withdrawn without notice.
Saving
current
fixed
recurring

2. ______________ is primary function of commercial banks.
Purchasing and selling securities
Accepting deposit
Safe deposit vault
Letter of credit

3. Every loan creates a _________
credit
deposit
profit
loss

4. Facility of E – banking is provided through ___________
telephone
debit cards
internet
credit cards

5. ____________ deposits get maximum interest rate.
Recurring
Saving
Current

Fixed