Which of the following are major functions of commercial banks? Option 1: Controlling money supply. Option 2: Printing of currency notes. Option 3: Granting Loans and accepting deposits. Option 4: Regulator of financial market.

The answer is 'Granting Loans and accepting deposits.'. View full solution:

CUET Economics - Which of the following are major functions of commercial banks? | PYQs + Solutions

CUET Economics 2025 29 May Shift 1

Macro

Easy

Controlling money supply.

Printing of currency notes.

Granting Loans and accepting deposits.

Regulator of financial market.

✅ Correct Option: 3

Related questions:

21 May Shift 1

If the required reserve ratio in an economy is 12.5%, the initial cash deposits of ₹2000 will increase the money supply by ______.

13 May Shift 1

Among the following, which are the functions of money?

(A) Medium of exchange.

(B) Unit of account.

(D) Store of value

Choose the correct answer from the options given below:

28 May Shift 1

Which of the following statements is correct with reference to the Cash Reserve Ratio (CRR)?

A. The RBI decides a certain percentage of deposits which every bank must keep as reserves with the central bank

B. To ensure that no bank is 'over lending'

C. This is a legal requirement and is binding on the banks

D. Cash Reserve Ratio and Statutory Liquidity Ratio are the same concept.

Choose the correct answer from the options given below: