Economy, asked by Hanna3328, 1 year ago

What role does bank play in the economy of the country?

Answers

Answered by Anonymous
5
1).A bank is an institution which accepts deposits from public for the purpose of lending and investment .
2).banks provide loans for profit making businesses.
3).banks also provide loans at cheap rates to farmers so that they can earn profit.
I hope my answer help to u and right
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