Question

differentiate between public deposit and loan from commercial banks​

Answer 1

Answer:

public deposits- these are the deposits which are invested by the public in the firm.

loan from commercial bank-these are the loans which is provided by the commercial banks to the business man on hid request.

Explanation:

public deposits- these are the deposits which are invested by the public in the firm. loan from commercial bank-these are the loans which is provided by the commercial banks to the business man on hid request