Social Sciences, asked by RathanachariT, 8 months ago

what are the function of banks

Answers

Answered by Samhitha2006

Answer:

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.

Explanation:

Hope it helps..

Answered by bhavani260408

Answer:

Hope this answer helps you..

Previous Question

Next Question

Similar questions

Math, 4 months ago

Let S denote the set of four-digit numbers made from the digits 0, 2, 3, 5, and 6, where the first digit cannot be zero. a. How many numbers are there in S? b. How many numbers in S have no repeated digit? c. How many of those in part (b) are even? d. How many of those in part (b) are greater than 4000?

Physics, 4 months ago

A graduated cylinder has a mass of 50 g when empty. When 30 mL of water is added, the graduated cylinder has a mass of 120 g. If a rock is added to the graduated cylinder, the water level rises to 75 mL and the total mass is now 250 g. What is the density of the rock?