Social Sciences, asked by 7inch, 2 months ago

Find the incorrect option: [1]

a) Banks charge a lower rate of interest

on loans than what they offer on

deposits.

c) Banks use a major portion of

deposits to extend loans.

b) The difference between what is

charged from borrowers and what is

paid to the depositors is the main

source of income for the banks.

d) Banks keep only a small proportion

of their deposits as cash with​

Answers

Answered by shwethadsilva333
0

Answer:

option a

Explanation:

it is always opposite becuz it becomes income for banks

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