Commercial Banks in Nepal | Functions and Importance | Class 10 Accounts | Account Preparation Nepal

Welcome to Everest Online Academy! In this video, we explore the role of Commercial Banks in Nepal , their functions , and their importance in the economy. This is a key topic in the Class 10 Accountancy syllabus under the chapter Banking . Understanding how commercial banks operate and contribute to economic development is crucial for scoring well in your SEE exams. Whether you're struggling with theoretical concepts or need help answering exam-style questions, this video will guide you step-by-step with clear explanations and practical examples. ✅ What You’ll Learn in This Video: Introduction to Commercial Banks : What are Commercial Banks? (Definition and Role) Examples of Commercial Banks in Nepal: Nabil Bank, Himalayan Bank, NIC Asia Bank, etc. Purpose: To provide banking services to individuals and businesses. Key Concepts : Functions of Commercial Banks : Primary Functions : Accepting Deposits: Savings accounts, current accounts, fixed deposits. Granting Loans and Advances: Personal loans, business loans, mortgages. Secondary Functions : Agency Services: Acting as agents for customers (e.g., bill payments, fund transfers). General Utility Services: Issuing drafts, locker facilities, foreign exchange services. Credit Creation : How banks create credit through lending. Example: Money Multiplier Effect. Importance of Commercial Banks : Promoting savings and investments. Facilitating trade and commerce. Supporting economic growth by providing capital. Ensuring safekeeping of money and valuables. Providing employment opportunities. Challenges Faced by Commercial Banks in Nepal : Non-performing assets (NPAs). Limited financial literacy among the population. Cybersecurity threats in digital banking. Step-by-Step Solutions to SEE Past Year Questions : Solving theoretical and application-based questions. Writing answers effectively to score full marks. Common Mistakes to Avoid While Answering Questions on Commercial Banks Tips to Score Full Marks in Accountancy Theory Questions Practice Exercises for Better Understanding 💡 Why Watch This Video? The Commercial Banks chapter is a frequently tested topic in the Class 10 Accountancy exam, especially in the context of their functions and importance. By mastering this concept, you can confidently tackle exam questions and secure full marks in this section. This video simplifies the theory, provides solved examples, and includes practical tips to ensure you’re fully prepared. 📞 For more information, call us at 9767479277. 📢 Stay Connected: If you found this video helpful, don’t forget to LIKE 👍 , SUBSCRIBE 🔔 , and hit the notification bell so you never miss an update. Share this video with your friends who are also studying Class 10 Accountancy. Your support motivates us to create more educational content for Nepali students like you! 💬 Let’s Discuss: Have any doubts or questions about Commercial Banks or related topics? Drop them in the comments below, and we’ll get back to you as soon as possible. Also, let us know what other topics or SEE questions you’d like us to cover in future videos. 🌟 About Everest Online Academy: At Everest Online Academy, we aim to provide high-quality educational content in English to help students excel in their studies. Our videos are carefully crafted to simplify complex topics and make learning enjoyable. From Class 10 SEE preparation to higher-level subjects, we’ve got you covered! Thank you for choosing Everest Online Academy as your learning partner. Keep watching, keep learning, and keep achieving greatness! 🌟 #Class10Accountancy #CommercialBanksNepal #SEEExamPreparation #EverestOnlineAcademy #StudyWithMe commercial banks nepal explained, functions of banks class 10, importance of banking system, see accountancy questions, everest online academy, accountancy tips and tricks, class 10 accountancy notes, banking study material, banking concepts, banking lessons, banking video lectures, banking revision, banking tips, banking simplified, banking model question, banking exam tips, banking online classes, banking live class, banking video tutorials, banking crash course, banking quick revision, banking test series, banking past papers, banking solutions, banking guide, banking strategies, banking practice, banking doubt clearing, banking discussion, banking interactive, banking learning, nepali students guide, see preparation 2024, mastering accountancy, credit creation process, non-performing assets, digital banking challenges #CommercialBanksNepal #Class10Accountancy #SEEExamPreparation #EverestOnlineAcademy #StudyWithMe #EducationInNepal #OnlineLearning #StudySmart #BankingBasics #Class10SEE #MathMadeEasy #AccountancySuccess #LearnAccountancy #MasterAccountancy #ExamPrep2024 #BankingSystem #EconomicGrowth #CreditCreation #FinancialLiteracy #DigitalBanking