Economy, asked by rock2527roman, 5 days ago

what are the function of bank​

Answers

Answered by tamilyashwa
0

Explanation:

The function of a Bank is to collect deposits from the public and lend those deposits for the development of Agriculture, Industry, Trade and Commerce. Bank pays interest at lower rates to the depositors and receives interests on loans and advances from them at higher rates.

Answered by wwwramesh5504
0

Answer:

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Explanation:

The function of a Bank is to collect deposits from the public and lend those deposits for the development of Agriculture, Industry, Trade and Commerce. Bank pays interest at lower rates to the depositors and receives interests on loans and advances from them at higher rates.

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