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What is a major function of both retail and business banks?
A. Providing checking and savings accounts
B. Offering financial services without making a profit
C. Regulating payday and title pawn lenders
D. Reducing the overall money supply

Sagot :

A major function of both retail and business banks is A. Providing checking and savings accounts.

What Are Retail Banking and Business Banking?

Retail banking is a type of banking that caters to individual customers.

Retail banking is in charge of assisting the general public with financial needs.

Financial assisance, as well as checking and savings accounts, are some of the key functions of retail banking.

Business banks, however, are focused on corporations and businesses of all sizes, from small to large.

Business banking, often known as corporate banking, also provides financial assistance, as well as checking and savings accounts.

Learn more about retail and business banks here: https://brainly.com/question/19036494.

Answer:

A. Providing checking and savings accounts

Explanation:

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