Question

how do banks play an important role in the economy of india explain I want book image please​

Answer 1

Answer:

Banks play an important role in developing the economy of India: (i) They keep money of the people in its safe custody. ... (iii) They mediate between those who have surplus money and those who are in need of money. (iv) They provide loan to large number of people at low interest rate.

Answer 2

Answer:

ans is in attachment...

Explanation:

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