How do banks mediate between those who have surplus money and those who need money?
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Answer:
Answer: Banks use the major portion of deposits with them to extend loans to people who need money. ... Thus, by accepting deposits and by advancing loans, banks mediate between those who have surplus money and those who need money.
Explanation:
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Explanation:
3 Exercise 2. Rewrite the following passage putting the verbs given in the brackets in the simple present tense (either in the active or the passive voice): Children (be) fond of eating sauce. They (not know) that while ready-made sauce purchased from the market can be harmful, the chutney their mother (prepare) at home (be) both delicious and healthful. Chutney (be) easy to prepare. 250g coriander leaves (wash, dry and chop). 2 lemons (squeeze) to get lemon juice. One garlic pod and one-inch ginger piece (peel and dice). 3 green chillies (deseed and chop). All the ingredients (put) in a mixer grinder. Half a cup of water and one teaspoonful of salt (add) to the mixture and it (grind) into a paste. You (get) yummy chutney to go with your snacks.