Business Studies, asked by rajank4173gmailcom, 2 months ago

what do you
mean
by bank, explain various
Features!​

Answers

Answered by llNehaII
17

Ans=According to Banking Encyclopedia, Bank is a financial institution which receives deposits from the public and lends them for investment purpose i.e., deposits of money and advances of the Main function of banks, but in the era of globalization banks indulges themselves in many activities like Insurance, Mutual Fund Business and Investment in Stock Exchanges. These activities of banking are considered as Para Banking Activities.

Answered by rashmibhoomika01
0

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