explain in detail the main function of Bank
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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.
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the function of 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 low rates to the depositors and receive interests on loan and advances from them and they higher rates
Explanation:
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