Social Sciences, asked by gurdev1904, 1 year ago

Explain any three loan activities of bank

Answers

Answered by Raghav3333
11
1.Bank provided loans for various economic activities
2.Banks keep only a small proportions of the deposits with them as cash
3.These deposits are used to meet the loan requirement
Answered by SassyBae
6
WRITE ANY THREE OUT OF THESE FIVE :

*Bank provided loans for various economic activities
*Banks keep only a small proportions of the deposits with them as cash
*These deposits are used to meet the loan requirement
*Bank intermediates between those who have surplus funds and those who are in need of these funds
*Bank offer very less interest on deposits than what they demand on loans

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