MCQOPTIONS
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| 1. |
Which of the following is a primary function of banks? |
| A. | Collection and payment of cheques, rent, interest etc on behalf of their customers |
| B. | Buying, selling and keeping in safe custody, the securities on behalf of their customers |
| C. | Acting as trustee and executors of the property of their customers on their advice |
| D. | Remitting money from one place to the other through bank drafts or mailor telegraphic transfers |
| E. | Accepting deposits |
| Answer» F. | |