Question

Deposits with the banks are beneficial to the depositors as well as to the nation"". Examine the statement.(All India-2016)

Answer 1

Explanation:

Deposits with banks are beneficial for both individual and nation: ... Through cheques, the money gets directly transferred between banks. So no direct payment of cash needs to be made as the deposit itself is money in the modern economy.

Hello

please follow ♥️♥️♥️♥️