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Question A Social welfare No worries! We‘ve got your back. Try BYJU‘S free classes today! B To earn profits Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses C To provide services to the people No worries! We‘ve got your back. Try BYJU‘S free classes today! D None of these No worries! We‘ve got your back. Try BYJU‘S free classes today!
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Solution The correct option is A. To provide services to the people The general role of commercial banks is to provide financial services to the general public and business, ensuring economic and social stability and sustainable growth of the economy. In this respect, credit creation is the most significant function of commercial banks.
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