Question

............. is a secondary function of Commercial Banks.

• A. Accepting SB Accounts
• B. Arranging OD
• C. Accepting FD
• D. Transfer of Funds

Answer 1

Answer:

D. Transfer of Funds

FUNCTIONS OF COMMERCIAL BANKS

Functions of Commercial Banks are broadly classified into two. 

1. Primary Functions 

2. Secondary Functions 

Primary Functions

• Accepting Deposits 

• Advancing Loans 

Secondary Functions

• Agency Services 

• General utility Services