Question

Explain Banking?????​

Answer 1

Step-by-step explanation:

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⏩Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. They offer savings accounts, certificates of deposit, and checking accounts. Banks use these deposits to make loans. These loans include home mortgages, business loans, and car loans.⏪

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Answer 2

Bank :

A bank is a financial institution whose demand deposits are widely accepted as money for making payments and has the power to create money.

Banking :

Banking is work or the type of business done by banks.