Economy, asked by Mridulp3065, 11 months ago

Advantages and disadvantages of banking

Answers

Answered by chalamharshavardan
2
Advantages And Disadvantages Of Bank Regulation
To Build Confidence. Bank regulation helps to build public confidence and create trust in the banking system of the country,
Safety. Banking regulation ensures the safety of public savings in the bank. ...
Credit Control. Credit control is another important advantage of banking regulation. ...
Fairness. ...
Less Profit. ...
Failure.
Answered by Anonymous
2

Answer:

Hola..

Advantages:

Bank accounts are safe .Your money will be protected from theft

Bank accounts are cheaper

Bank accounts can help you access credit

Disadvantages:

Less profit - unnecessary control and heavy regulation may restricts banks to perform theri task freely

Failure - Banking cannot control prevent failure

Costly / time consuming - bank regulation is very costly and time consuming

Explanation:

Thank you...

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