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Answer : 1. "1 lac"
What is the maximum population limit for a commercial bank branch to be declared as a rural branch?
5Q:
What is the maximum population limit for a commercial bank branch to be declared as a rural branch?
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Answer : 1. "1 lac"
Explanation :
A commercial bank is a kind of financial institution that carries all the operations related to deposit and withdrawal of money for the general public, providing loans for investment, and other such activities. These banks are profit-making institutions and do business only to make a profit.