List out the main characteristics relating to bank transaction
Answers
Answered by
1
Answer:
Dealing with money -- banks deal with money of the public.
2) Individual / Firm /Company -- bank may be person , firm or a company.
3) Acceptance of deposits -- banks accepts deposits from the public.
4) Leading loans -- Banks lead loans to to industrial sector , agriculture sector, education.
Explanation:
mark as brainliest
Answered by
5
Answer:
- DEALING WITH MONEY
- INDIVIDUAL / FIRM / COMPANY
- ACCEPTANCE OF DEPOSITS
- LENDING LOANS
- PAYMENT AND WITHDRAWAL
- AGENCY AND UNITY SERVICES
- PROFIT AND SERVICE ORIRNTATION
- EVER INCREASING FUNCTIONS
- CONNECTING LINK
- BANKING BUSINESS
- NAME IDENTITY
Similar questions