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O-LevelCommerceBanking7100/12 · May/June 2013 · Q331 Mark

What is a function of a commercial bank?

Acollecting import duties

Bfixing exchange rates

Cissuing bank notes

Dproviding loans and overdrafts

✓ Correct answer

D: providing loans and overdrafts

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About this question

Topic: Banking, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2013 Paper 1 Variant 2, question 33.

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