Math, asked by bipandeep7950, 14 days ago

Why do we deposite money in banks

Answers

Answered by krmoham1234

0

Answer:

A Bank is a financial institution which is involved in borrowing and lending money. Banks take customer deposits in return for paying customers an annual interest payment. ... Keep money safe for customers. Offer customers interest on deposits, helping to protect against money losing value against inflation.

Previous Question

Next Question

Similar questions

English, 7 days ago

write your opinion about are friends important or not?

Math, 7 days ago

paragraph food and nutrition 150 maths related...

Physics, 7 days ago

A car moves from city A to city B on a straight line and then comes back. While moving from A to B, it covers first half of the distance at a rate of 40 km/h and next half with 60 km/h. While moving back from B to A, it moves with 40 km/h for half the time and 60 km/h for remaining half time. Find its average speed and average velocity (i) during its motion from A to B (i) during its motion from...

Chemistry, 14 days ago

the properties of _______ are different from its constitude elements...

Computer Science, 14 days ago

You cannot create your own text in a slide...

Math, 8 months ago

Simplify_64981499-6- 64981)...

Math, 8 months ago

b) Identify the pair of integers whose sum is a negative number. ii. (-80) and 120 iv. 15 and (-17) i. 10 and (-9) iii. 20 and (-20)...

English, 8 months ago

giving the reference of the issue the society did not accept the proposal rewrite using and...