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What are the three main functions of a commercial bank?

A

Collecting savings, buying goods and controlling public spending for households and firms.

B

Selling shares, insuring exports and regulating financial markets for households and firms.

C

Accepting deposits, making loans and running payment services for households and firms.

D

Creating taxes, setting interest rates and printing money for households and firms.

Card 1 of 28

9.4.4 functions of commercial banks Flashcards

  1. Intl A Level
  2. /Economics
  3. /9.4.4 functions of commercial banks

28 flashcards on CIE Intl A Level Economics 9.4.4 functions of commercial banks: the key terms and definitions you need to recall.

Flashcards