Examples of joint-stock banks are?

A. commercial banks
B. co-operative credit societies
C. central banks
D. development banks

Correct Answer: Option A

A. commercial banks

Explanation

A joint-stock company is a business owned by people called shareholders. Each shareholder owns company stock in proportion to the number of their shares (certificates of ownership). An example of a joint-stock company today is a business type that is somewhere between a partnership and a corporation.