Multiple Choice Questions on The main functioning of the banking system is to ........ for PCS Exam Preparation

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Multiple Choice Questions

The main functioning of the banking system is to ........

Indian Economic System(PCS) Money and banking
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    The main functioning of the banking system is to

     accept deposits and provide credit

    Correct Answer

     accept deposits and subsidies

    Incorrect Answer

     provide credit and subsidies

    Incorrect Answer

    accept deposits, provide credit and subsidies

    Incorrect Answer
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    Explanation:

    The main function of Bank is to act as an finanacial intermidary which accept deposit and lend credit.

    By: Atul Sambharia
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