Banks play an important role in modern times. Besides providing jobs to millions of people banks lend money to people at an affordable rate of interest. Banks have helped various industries, especially housing and car manufacturing industries by financing the purchase of homes and cars. Moreover, banks help people, especially the retired ones as banks offer handsome interest on deposited money. These days people prefer to keep money in a bank as it is safe as well as profitable. The process of opening a saving bank account is quite simple. Go to a bank and obtain the prescribed printed form for opening an account. These days photographs are essential. Paste two passport size photographs on the space provided for this purpose. Fill in other particulars on the form and appended card. You have to put your signature at certain places. The signatures on the card are termed specimen signatures and referred to for comparison every time you withdraw money from the bank. You need an account holder of the bank to introduce you. 2.1 On the basis of your reading complete the following sentences. a. Banks are useful in modern times as they ____________ b. Housing and manufacturing industries are helped by banks by ____________ c. Banks help retired people ____________ 2.2 Answer the following questions.
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Inow ans but it well take time
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