PRC-3 · Chapter 17 · Question 18 of 20
Which of the following functions is primarily performed by a Commercial Bank rather than a Central Bank?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Receiving deposits directly from the general public and granting commercial loans
Explanation
Commercial banks interact directly with the public to accept deposits and create credit. The Central Bank manages the national currency and regulates the banking system.
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