Social Sciences, asked by arsheazam486gailcom, 1 year ago

write a short note on how bank are operate

Answers

Answered by torinj780
2

banks are operated by the state aslo known as the regional bank occurperation and they use tax to make their money

Answered by nairasingh2005
1

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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