Jeremy ironsmith stores his valuable collection of gems and jewelry in a box in the secure vault of his local bank, the bank is providing the service of Select one a

Finance Dec 19, 2020

Jeremy ironsmith stores his valuable collection of gems and jewelry in a box in the secure vault of his local bank, the bank is providing the service of Select one a. Safekeeping of valuables b. Currency exchange c. Discounting commercial notes d. Offering savings deposits

Expert Solution

Option A is the correct answer.

The is providing security to the valuable collection of gems and jewellery in a secui vault. This kind of service provided by banks is known as SAFEKEEPING OF VALUABLES.

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