Question

- What do the banks do urth the deposite which
accept from the public ?
they​

Answer 1

Banks accept deposits from the Public and use the major portion of these deposits to extend loans. ... Banks make use of these deposits to meet the loan requirement of the people and thereby earn interest. This is, infact, the main source of income of the bank.

Answer 2

Answer:

Banks accept deposits from the Public and use the major portion of these deposits to extend loans. ... Banks make use of these deposits to meet the loan requirement of the people and thereby earn interest. This is, infact, the main source of income of the bank.

Explanation:

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