Economy, asked by knishan2021, 19 days ago

What purpose do loans serve by banks?

Answers

Answered by ranbeerst123

2

Explanation:

(1)Bank give loans to people for providing financial help

(2)Loans form bank helps to set up small business

(3)Loans gives facility for quality education

(4)Loans are available at low interest it is very helpful for farmer

(5)Loans passed bank are good for buying vehicles

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