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      Question

      Which of the following is the secondary function of

      Banks? I. Collecting and supplying business information. II. Issuing letters of credit, travellerโ€™s cheque, etc. III. Providing customers with facilities of foreign exchange dealings
      A Only I is true. Correct Answer Incorrect Answer
      B Only II is true Correct Answer Incorrect Answer
      C Only III is true Correct Answer Incorrect Answer
      D All I, II and III true Correct Answer Incorrect Answer
      E none of these Correct Answer Incorrect Answer

      Solution

      The correct answer is D

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