Social Sciences, asked by bsharath687, 6 months ago

26.What are the functions of the bank.

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Answered by BrainlyFlash156

8

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The function of a Bank is to collect deposits from the public and lend those deposits for the development of Agriculture, Industry, Trade and Commerce. Bank pays interest at lower rates to the depositors and receives interests on loans and advances from them at higher rates.

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Answered by ganeshpurohit9165

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