Q. What is the primary purpose of cash management services offered by banks?
Answer: To optimize the management of a client’s cash flow
Notes: Cash management services help businesses optimize their cash flow, ensuring efficient handling of receivables, payables, and liquidity.
Question Source: 📚This question is part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations. Download the app here.
📌 Question Number: 3 in Treasury and cash management services in the above course in App.