Question

what is bank? and what are the function of banks? ​

Answer 1

Answer:

bank is a storage

Explanation:

in which we stored a lot of money

Answer 2

What is bank?

A bank is a financial institution where customers can save or borrow money. ... Customer's money may be placed in the bank for safe keeping. Banks may give loans to customers under an agreement to pay the money back to the bank at a later time, with interest.

What are the functions of bank?

The primary functions of a commercial bank are accepting deposits and also lending funds. Deposits are savings, current, or time deposits. Also, a commercial bank lends funds to its customers in the form of loans and advances, cash credit, overdraft and discounting of bills, etc.

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