how banks are helpful to us ncert class 10 (5 mark)
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Answer:Banks help people to save their money and keep their money in safe custody of the bank. Banks accept deposits from the public and also help people to earn interest on their deposits. People can withdraw the money deposited with the bank at the time of their need. P.S idk if its right... Hope it helps
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A bank is a financial institution which is involved in borrowing and lending money. Banks take customer deposits in return for paying customers an annual interest payment. Banks play an important role in the economy for offering a service for people wishing to save.
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