Chap#02 Q4 Commercial Bank

The primary function of a commercial bank is:

• Accepting deposits

• Advancing loans

•     Transacting foreign exchange

•     Advice to customers

____________ Accounts are opened by business men, Government departments and public bodies.

• PLS Saving Accounts

• Term Deposit Account

• Current Account

• Foreign Currency Account

____________ Account is suitable of Low income people

• PLS Saving Accounts

• Term Deposit Account

• Current Account

• Foreign Currency Account

____________ Account is suitable for those who have surplus Money

• PLS Saving Accounts

• Term Deposit Account

• Current Account

• Foreign Currency Account

Low profit Paid in __________ Account

• PLS Saving Accounts

• Term Deposit Account

• Current Account

• Foreign Currency Account

NO profit Paid in __________ Account

• PLS Saving Accounts

• Term Deposit Account

• Current Account

• Foreign Currency Account

High profit Paid in __________ Account

• PLS Saving Accounts

• Term Deposit Account

• Current Account

• Foreign Currency Account

Limited Transactions are allowed in _______________ Account

• PLS Saving Accounts

• Term Deposit Account

• Current Account

• Foreign Currency Account

No restriction in doing transactions in _______________ Account

• PLS Saving Accounts

• Term Deposit Account

• Current Account

• Foreign Currency Account

Transactions are NOT allowed in ____________ Account

• PLS Saving Accounts

• Term Deposit Account

• Current Account

• Foreign Currency Account