Economy, asked by adibafaizan, 1 month ago

what are the functions of bank​

Answers

Answered by sp6529
0

Answer:

The function of the 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 depositers and receives interest on loans and advances them on higher rates.

Answered by avnishukla1725
0

Explanation:

the function of a bank is to collect deposits from the public and lend those deposit for the development of Agricultre, Industry, trade and commerce. bank pay interest at lower rates to the depositors and recive interests on loan and advance from them at higher rates...

Similar questions