Question

arrange the following in the correct sequence
A) people take loans from banks
B) people make deposits into banks C)people get interest on deposits and withdrawals
D)people repay loans with interest​

Answer 1

B - 1

A- 2

D - 3

C- 4

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Answer 2

The correct arrangement is - B, A, C, and D

• Arrangement of sentences refers to arranging the sentences as per the time period they took place or a particular structure that they follow.
• The given statements belong to the banking industry. It can be further classified as the loan process of the banks.
• The correct arrangement of the given sentences is - B, A, C, D
• The arrangement can be described as -

B) People make deposits into banks - The initial step where money is put into the account

A) People take loans from banks - People take loans such as personal loans, house loans, and educational loans as per their needs.

C) People get interest on deposits and withdrawals - Banks offer different interest rates on different schemes

D) People repay loans with interest - The interest is levied on the loan amount as per the time period of repayment of loans. This interest is then paid each month.

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