One of the functions of commerical banks that cannot be performed by central banks is

  • A collection of old notes
  • B collection of deposits from the public
  • C issuance of treasury bills
  • D printing of bank notes
jamb 2022commerce

The correct answer is B. collection of deposits from the public

Commercial banks are financial institutions which accept deposits and other valuables from the public for safekeeping with the sole aim of making profit. One of the functions of commercial banks is the acceptance of deposit and lending to customer etc.

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