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Banking Notes LONG questions

  Q.1 Define commercial Bank and explain its functions also differentiate between schedule and non-schedule bank? Ans.                                                             Commercial Banks Commercial   Banks   are one   that   receive deposits   and   advance   loans   and   play   an   important   role   in   credit   creation. They help   traders businessmen and offer various services in the growth of economy. Functions Functions of commercial banks are as under:       i.         Primary function      ii.  ...