Social Sciences, asked by mohanmalar600, 7 months ago

Q33. Which of the following works as a mediator between those who have surplus

funds and those who are in need of these funds?

a) Commercial banks c) Reserve Bank of India

b) Government of India d) Landlords

Answers

Answered by Anonymous

4

Answer:

Commercial banks

Answered by ItsMarmik

0

Answer:

Answer: Banks encourage the people with surplus money to invest their money with them. In this way banks mediate between those who have surplus money and those who need money. Banks charge a higher interest rate on loans than what they offer on deposits.

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