Economy, asked by Anonymous, 1 year ago

11th ques answer pls

Attachments:

sahil301231: yes i trust u
sahil301231: i also not use insta or fb
sahil301231: nothing
sahil301231: i am use my sis id

Answers

Answered by jeenabinoy1234
7

Answer:

Explanation:

# those having extra cash open a bank account in their name and deposit money there

# their money is safe and they get some interests

# they r known as depositors

#all those who take credit are called borrowers


sahil301231: this is not possible
mandeep7498: possible
sahil301231: okkkkkkkkkkk
mandeep7498: hey sa...
mandeep7498: you meet my va...
mandeep7498: please
sahil301231: =_=
sahil301231: please ...
Answered by ingawale15rutve
0

Plzzzz mark as brainliest this is the correct answer:-

1) They keep small proportions of the deposits with them as cash.

2) These deposits are used to offer loans to the borrowers. The bank thus intermediates between those who have surplus funds (depositors) and those who are in need of the funds (borrowers).

3) Banks charge a higher interest rate on loans than what they offer on deposits. The difference between what is charged from borrowers and what is paid to depositors is their main source of income.

Similar questions