Grade 11 Exam  >  Grade 11 Questions  >  How do commercial banks assist in overcoming ... Start Learning for Free
How do commercial banks assist in overcoming financial challenges in business activities ?
  • a)
    By providing free raw materials
  • b)
    By facilitating foreign trade exclusively
  • c)
    By offering financial assistance through various services
  • d)
    By managing communication facilities
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
How do commercial banks assist in overcoming financial challenges in b...
Commercial banks play a pivotal role in addressing financial needs within business activities by offering a range of financial services. These include providing overdrafts, cash credits, loans, and advances to entrepreneurs for acquiring assets, purchasing raw materials, and managing operational expenses. Additionally, banks undertake activities such as collecting cheques, remitting funds, and discounting bills on behalf of traders. Through these financial mechanisms, commercial banks support businesses in securing the necessary funds to sustain and expand their operations.
Attention Grade 11 Students!
To make sure you are not studying endlessly, EduRev has designed Grade 11 study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Grade 11.
Explore Courses for Grade 11 exam

Top Courses for Grade 11

How do commercial banks assist in overcoming financial challenges in business activities ?a)By providing free raw materialsb)By facilitating foreign trade exclusivelyc)By offering financial assistance through various servicesd)By managing communication facilitiesCorrect answer is option 'C'. Can you explain this answer?
Question Description
How do commercial banks assist in overcoming financial challenges in business activities ?a)By providing free raw materialsb)By facilitating foreign trade exclusivelyc)By offering financial assistance through various servicesd)By managing communication facilitiesCorrect answer is option 'C'. Can you explain this answer? for Grade 11 2024 is part of Grade 11 preparation. The Question and answers have been prepared according to the Grade 11 exam syllabus. Information about How do commercial banks assist in overcoming financial challenges in business activities ?a)By providing free raw materialsb)By facilitating foreign trade exclusivelyc)By offering financial assistance through various servicesd)By managing communication facilitiesCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Grade 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How do commercial banks assist in overcoming financial challenges in business activities ?a)By providing free raw materialsb)By facilitating foreign trade exclusivelyc)By offering financial assistance through various servicesd)By managing communication facilitiesCorrect answer is option 'C'. Can you explain this answer?.
Solutions for How do commercial banks assist in overcoming financial challenges in business activities ?a)By providing free raw materialsb)By facilitating foreign trade exclusivelyc)By offering financial assistance through various servicesd)By managing communication facilitiesCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Grade 11. Download more important topics, notes, lectures and mock test series for Grade 11 Exam by signing up for free.
Here you can find the meaning of How do commercial banks assist in overcoming financial challenges in business activities ?a)By providing free raw materialsb)By facilitating foreign trade exclusivelyc)By offering financial assistance through various servicesd)By managing communication facilitiesCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of How do commercial banks assist in overcoming financial challenges in business activities ?a)By providing free raw materialsb)By facilitating foreign trade exclusivelyc)By offering financial assistance through various servicesd)By managing communication facilitiesCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for How do commercial banks assist in overcoming financial challenges in business activities ?a)By providing free raw materialsb)By facilitating foreign trade exclusivelyc)By offering financial assistance through various servicesd)By managing communication facilitiesCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of How do commercial banks assist in overcoming financial challenges in business activities ?a)By providing free raw materialsb)By facilitating foreign trade exclusivelyc)By offering financial assistance through various servicesd)By managing communication facilitiesCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice How do commercial banks assist in overcoming financial challenges in business activities ?a)By providing free raw materialsb)By facilitating foreign trade exclusivelyc)By offering financial assistance through various servicesd)By managing communication facilitiesCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Grade 11 tests.
Explore Courses for Grade 11 exam

Top Courses for Grade 11

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev