Economy, asked by shruthishirgaonkar, 8 months ago

normally, all nationalized banks charge a nomonal or low intrest rates from the borrower. state true or false and give reason for it.​

Answers

Answered by Anonymous
4

Explanation:

· The real interest rate the borrower is paying is 1%. The real interest rate the bank is receiving is 1%. That means the purchasing power of the bank.

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