One profitable form of business undertaken by the commerc...
One profitable form of business undertaken by the commercial banks is
The issuing of cheques
The payment of standing order
Lending money to borrowers
Accepting cheques from customers
Correct answer is C
Lending money to borrowers is one profitable business undertaken by the commercial banks. These banks lend money to borrowers and charge interest for the amount lend for the duration of the loan. The interest paid by borrowers is the lender's (bank) is the profit.
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