Question

What is Bank? Can you illustrate the function of Bank

Answer 1

A. Primary Functions of Banks ↓ The primary functions of a bank are also known as banking functions. ...Accepting Deposits. The bank collects deposits from the public. ...a. Saving Deposits. ...b. Fixed Deposits. ...c. Current Deposits. ...d. Recurring Deposits. ...Granting of Loans and Advances.

Answer 2

bank is a place where people kept their money safe and they can deposit and withdraw their money anytime