Commercial bank - SS2 Commerce Past Questions and Answers - page 1
Which type of customers do commercial banks primarily serve?
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Businesses and corporations
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Government agencies
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What is one of the primary functions of commercial banks?
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Providing loans and credit facilities
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Offering legal advice
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Managing real estate properties
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What is the purpose of an overdraft facility provided by commercial banks?
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It allows customers to withdraw money without any limits.
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It allows customers to earn interest on their deposits.
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It allows customers to spend more money than what is currently in their account.
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Which of the following is not a function of commercial banks?
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Accepting deposits
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Providing insurance services
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Facilitating payments and transfers
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Who typically pays interest on a loan from a commercial bank?
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The bank
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 The shareholders of the bank
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The borrower
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What is an overdraft facility provided by commercial banks?
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