Question

what is the main source of income of banks​

Answer 1

Answer:

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Explanation:

Banks provide various loans and advances to industries, corporates and individuals. The interest received on these loans is their main source of income. 2 Interest on investments: Banks invest in various government and rated securities, and earn interest and dividends from these investments.

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Answer 2

Explanation:

Bank provide variousloan and advances to industry and Corporates the interest received in all these loans is their main source of income .2two investments of bank invest variation of Government and securitie