Question

Credit schemes of the bank surveyed, terms of credit.
Class 10 chapter money and credit

Answer 1

So what is the question here

Answer 2

It is one of the main features of the bank is to give loans as per the guidelines laid by the Reserve bank of India.

The banks earn from the interest on the loans or the credit offered. When someone needs money to build an industry or say for personal need, some security is to be kept in the ban to give credit to them.

The borrower needs to pay interest.