Question

write one loan avtivity of bank
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Answer 1

Answer:

Banks provide loans for various economic activities.

The depositers deposit money in the bank and get interest.

Banks keep only a small propotions of the deposits with them as cash.

These deposits are used to meet the loan requirement.Bank intermediates between those who have surplus funds and those who are in need of these funds.

The borrowers borrow money and return it with interest.

Bank offer very less interest on deposits than what they demand on loans.

Explanation: