CBSE BOARD X, asked by Madhan8266, 5 months ago

“Bank plays an important role in the economic development of the
country.” Support the statement with examples.

Answers

Answered by sunnydayal8083
9

Answer:

The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. ... Thus, the banks play an important role in the creation of new capital (or capital formation) in a country and thus help the growth process.

Explanation:

Answered by PriyanjanShankar
3

Answer:

Yes..... full explanation provide by the Google or any other textbooks or Apps....

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