write a short note on how bank are operate
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banks are operated by the state aslo known as the regional bank occurperation and they use tax to make their money
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Banks work by paying its customers to lend them money. When a person deposits money into their bank account, the bank can then lend other people that money. The depositing customer gains a small amount of money in return (interest on savings), and the lending customer pays a larger amount of money to the bank in return (interest on loans).
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