Business Studies, asked by Sanchari708, 11 months ago

How fo the deposits with banks become their source of income?

Answers

Answered by Anonymous

Answer: Deposits with banks become their source of income because banks use the deposits to provide loans. The loans earn interest for banks which become their income.

Previous Question

Next Question

Similar questions

Math, 6 months ago

2. The number of times a particular entry occurs in a set of data is known as its: a) Range b) class-size c) frequency d) class -interval...

Music, 6 months ago

who all listen to alan walker songs pls answer ... we will see hw members are fond of his songs...

English, 6 months ago

4. How will you re-use one thing from your trash bin? 5. Write two uses of tin can.

Economy, 11 months ago

Explain with the help of phillips curve the trade off between the inflation rate and unemployment rate...

Business Studies, 11 months ago

Explain the socio cultural and political environment of business...

Biology, 1 year ago

briefy describe the structure and function of cell wall...

Physics, 1 year ago

Forces F1 and F2 act on a point mass in two mutually perpendicular directions. The resultant force on the point mass will be: (a) F1+F2 (b) F1-F2 (c) √F1^2+F2^2 (d) F1^2+F2^2...

English, 1 year ago

i want small kids speech for independence day for l k g and u k g...