Question

features of commercial banks ​

Answer 1

Answer:

1) for granting loan

2) balance the GDP

3) maintain the money supply

4) take deposit of deposited

5) provide loan who is need

6) helping other to get rid of bad situation

Answer 2

* they give provide loan facilities and also charges interest on it.

* they also accept deposits and provide interest on it(It's lower than that of loans interest)

*the differencecamount is the banks income which they use to pay as their expense and the remaining is their profit.

Hope it helps you.

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