Economy, asked by Jaslin692, 11 months ago

Deposits with banks are beneficial to the depositors as well as to the nation

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Answered by Anonymous
0

Boost the industry by providing cheap loans. (iii) The interest rate provided on deposits add to the income of the family, thus increasing overall income of the nation. From the above points, it can be concluded that deposits with the banks are beneficial to the depositors as well as to the nation

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