Question

What are the features of the private bank

Answer 1

they provide high rate interest on deposit compared to government banks
they take high rate interest on loan compared to government banks
they treat people softly
they work for more profit

Answer 2

hello mate /sis

here is your answer


(a) Private Ownership and Control: A private sector undertaking is fully owned and controlled by the private entrepreneurs. ...

(b) Profit Motive: The main objective of private sector undertakings is earning profits. ...

(c) No State Participation: ...

(d) Private Finance: ...

(e) Independent Management: ...

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