Question

discuss the various activities of banks also mention any three situations where loans are required by people

Answer 1

Loans are required in bank account that the the best price on the way to get the best way of life

Answer 2

Heya...

Bank has a duty to perform many activities such as....
* credit creation...
* demand deposits security...
* loan provision ....
* investment sources...

Requirement of credit or loans by people..

* farmers need of loans for purchasing inputs for farming...

* producer wants to take loan for industry set up....

* A family can take home loans or car loans...

* Education role is also taken by families..

hope it helps u...