Grade 8 Class work Topic;- Commercial Bank

1. What is the main aim of a commercial bank?

A. To act as banker to the government
B. To make a profit
C. To issue bank notes
D. To manage the national debt
2. What is the main function of a commercial Bank
A. To hold the country’s reserves of foreign currency
B. To issue the shares of companies
C. To lend to its customers
D. To regulate banking system
3. What impact would an increase in the rate of interest be likely to have on borrowing and saving?

Borrowing Saving
A Decrease Decrease
B Decrease increase
C Increase increase
D increase Decrease

4. Mention five functions of commercial Bank

5. Differences

Commercial bank and Investment Bank

1 ANIL