Social Sciences, asked by noobplayer, 9 months ago

What do you think would happen
if all the depositors went to ask
for their money at the same time?

Answers

Answered by Mayank2819
2

If all the depositors went to ask

for their money at the same time then the bank would not be able to give them their money because bank gives loans to people from the money of depositors and at the present it has only a fixed amount of money. So, bank cannot return money to all the people but it can return money to a small number of people.

Hope you understood.

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Answered by rashmi9736
2

Answer:

This never happens

But if a lot of people not all went to ask for money a bank can ask another bank for money or else if it doesn't work bank would become bankrupt.

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