Question

Write three loan activities of banks

Answer 1

1. banks provide loans for various economic activities

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

3. these deposits are used to meet the loan requirement

4. bank intermediates between those who have surplus funds and those who are in need of these funds.

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


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Answer 2

Answer:

The above answer is correct dear friend✌✌❤❤