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Introduction to Banking

A bank's func...

Question

A bank’s function of providing locker facility to its customers for the safe custody of their valuables is a/an

A

Utility function

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B

Advancing function

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C

Primary function

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D

Agency function

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Solution

The correct option is A
Utility function

A bank’s function of providing locker facility to its customers for the safe custody of their valuables is one of the utility functions.

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