Question

Explain any three loan activities of banks in India

class 10
SSC​

Answer 1

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(i) Network of transport is essential for the transportation of men and material from one place to another.

(ii) They are helpful in supplying the consumer goods to the markets and consumers rapidly.

(iii) They provide immediate relief in times of disaster, war, famines and floods.

Thus, the pace of development of a country depends upon the production of goods and services as well as their movement over space and time.

@ROMAN

Answer 2

Hii, your answer is here below⤵

1. Banks provide loans for various economic activities

1. Banks provide loans for various economic activities2. Banks keep only a small propotions of the deposits with them as cash

1. Banks provide loans for various economic activities2. Banks keep only a small propotions of the deposits with them as cash3. These deposits are used to meet the loan requirement.

Thanks✌