Mains Ready By December. Smash Mains & Smash PYQ Admissions Open

Economics › Finance/Capital Market

Economics › Finance/Capital Market

Consider the following statements:
The functions of commercial banks in India include
1. Purchase and sale of shares and securities on behalf of customers
2. Acting as executors and trustees of wills.
Which of the statements given above is/are correct?

Options

(a)

1 only

(b)

2 only

(c)

Both 1 and 2

(d)

Neither 1 nor 2

Answer

(C)