Q300
Which one of the following statement is incorrect?
A.
A bank interacts directly with customers, but NBFI interacts with banks and governments
B.
Credit creation is one of the primary functions of commercial bank in India
C.
Banks generally grant long-term loans to industries
AnswerD.
To purchase and sell securities is also one of the function of scheduled bank
Answer: Option C
Solution
Answer: Option C
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