Question

explain any three loan activities of bank in india

Answer 1

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

Answer 2

1 Bank provided loans for various economic activities.
2.These deposits are used to meet the loan requirements.
3. Bank intermediates between those who have surplus funds and those who are in need of these funds.