Financial Awareness - Risk, Stability & Emerging Finance
Which of the following is NOT a secondary function of commercial banks?
Which of the following is NOT a secondary function of commercial banks?
easy Q12 of 15
Step-by-Step Solution
Step 1: Understand secondary functions
Secondary functions include agency services like collection of bills and issuing letters of credit.Step 2: Analyze options
Granting loans and advances is a primary function, not a secondary one.Final Answer:
Granting loans and advances → Option DQuick Check:
Granting loans and advances = correct ✅
Quick Trick: Remember: Loans are primary, agency services are secondary
Common Mistakes:
- Mistaking loan services as secondary functions
Master "Risk, Stability & Emerging Finance" in Financial Awareness
Start learning the concept with an interactive lesson.
Want More Practice?
15+ quiz questions · All difficulty levels · Free
Free Signup - Practice All QuestionsMore Financial Awareness Quizzes