banks use the major portion of the deposits : a)keep as reserve. b) expand loans c) meet reno ation d) meet their routine expenses
Answers
Answered by
10
b.] Expand loans.
Major portion of the deposits is used by banks for extending loans to borrowers.
Similar questions
Business Studies,
5 months ago
Computer Science,
5 months ago
Biology,
10 months ago
Science,
10 months ago