a
the issuing of cheques
b
the payment of standing order
c
lending money to borrowers
d
accepting cheques from customers
Explanation
Correct Option
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Prof Lawrence
11 years ago
One Profitable business the commercial bank undertake is the Lending syndrome !! Taking a hypothetical example into consideration , A commercial's bank rate ( % rate of lending stipulated by the apex bank to the commercial bank #reference "ways by which the Central Bank controls the Commercial bank#) is supposedly 5%...I come to apply for a loan of #1000 ...after the commercial bank calculates it , they would be getting an extra ...also wif overdrafts
