Business Studies, asked by amanchauhan9275, 1 month ago

explain functions of bank​

Answers

Answered by ritamdutta03
2

Answer:

The function of a Bank is to collect deposits from the public and lend those deposits for the development of Agriculture, Industry, Trade and Commerce. Bank pays interest at lower rates to the depositors and receives interests on loans and advances from them at higher rates.

Previous Question
Next Question
Similar questions
English, 25 days ago
The poet wants to lead the life of a gypsy,which is __________.​
Math, 25 days ago
Area of a square of side 1 cm is ____ sq. cm...
Science, 25 days ago
The cation and anion constituting molecule of Magnesium oxide is:...
Math, 1 month ago
meera is now 10 years older than her twin brothers . after 3 years from now, thrice her age will be four times the sum of her brother's age ago, find meeras present age? please explain properly ​...
Physics, 1 month ago
(i) Can the distance travelled by a moving body be smaller than the magnitude of its displacement? (ii) A quantity is measured to be -20m/s. Is it speed or velocity? Give reason. (iii) What is the acceleration of a body moving with uniform velocity?​
Physics, 9 months ago
An astronomical refracting telescope consist of two lenses of focal focal lengths 75cm and 5cm. Calculate the magnifying power of the telescope when the final image is formed at a distance of 25cm from the eye​...
Accountancy, 9 months ago
10) Out of goods purchased due to defective goods half goods returned to Harsh.​
Math, 9 months ago
find the value of the equation c, if the equation x2-2(c+1)x + c 2 = 0 has real and equal roots​...