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
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Answer:
option a
Explanation:
it is always opposite becuz it becomes income for banks
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