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One Of The Functions Of Commercial Banks That Cannot Be Performed By Central Banks Is? - Erudites Academy

Categories: Commerce WAEC

One of the functions of commercial banks that cannot be performed by central banks is?

A. collection of old notes
B. collection of deposits from the public
C. issurance of treasury bills
D. printing of bank notes

Correct Answer:

Option B – collection of deposits from the public

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2 years ago