The Bank of the United States would: hold funds on deposit lend money to the government when necessary close on mortgages issue money
Answers
Answered by
14
The Bank of the United States would:
-hold funds on deposit
-lend money to government when necessary
-issue money
Answered by
1
Bank of United States hold funds on deposit.
Explanation:
The primary function of the bank is to deposit the funds. The functions of banks were very limited up to deposition of the funds because of lack of mobility and accessibility. Traditional liberalization policy is also one of the reasons of less development of banking policy. After revolutionary changes made, the people started trusting on bank and banking activities have been evolved.
Similar questions