One of the functions of commerical banks that cannot be performed by central banks is
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Correct Answer: Option B
Explanation:
Commercial banks accept deposits from members of the public as part of their normal banking activities. A central bank does not ordinarily operate as a deposit-taking bank for the general public; it mainly serves as the banker to the government and other banks.
Commercial banks accept deposits from members of the public as part of their normal banking activities. A central bank does not ordinarily operate as a deposit-taking bank for the general public; it mainly serves as the banker to the government and other banks.