CBSE BOARD X, asked by 001rohit, 1 year ago

hello guys 16th question

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Answers

Answered by sneha2126
0

Explanation:

1. banks provide loan for various economic requirement like business, housing etc.

2. bank keep only a small proportion of the deposits with them as cash

3. these deposits are used to meet the loan requirement

4. bank intermediate between those who have surplus funds and those who are in need of these funds.

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