Which of the following is/are NOT the functions of a bank?begin{enumerate}item Accepting deposits from the publicitem Grant of loans and advancesitem Providing finance to all those who cannot earn enough to surviveend{enumerate}

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which of the following is/are NOT the functions of a bank?

A	Only 1
B	Only 2
C	Only 3
D	All the above

Explanation:

Detailed explanation-1: -Facilitating import of goods is not a primary function of a bank.

Detailed explanation-2: -Detailed Solution. The incorrect statement is To accept deposits on interest from the public.

Detailed explanation-3: -Loan is advanced by Commercial Bank in the form of Cash Credit, Loan & Advances & Overdraft. To supply input to farmers is not a function of a Bank.

There is 1 question to complete.