Chapter-5 Macro.doc - MILESTONE – AN INSTITUTE OF BRILLIANCE Chapter – 5 Banking: Commercial Banks and The Central Bank Define Commercial Banks. A

MILESTONE – AN INSTITUTE OF BRILLIANCE Chapter – 5 (Banking: Commercial Banks and The Central Bank) Define Commercial Banks.

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Explain the primary functions of commercial banks.

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b) Advancing loans

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What are Primary and Secondary deposits?

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What is Central bank?

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