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प्रश्न
Explain any three loan activities of banks in India.
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उत्तर
Banks basically earn from the difference in the amount of what is asked from the debtor and what is remunerated to the payee.
A great hike in the need for loans is seen among people of various sections of the society for various things like- loans for buying a vehicle, loans taken by students for their higher studies, loans for personal matters, loans for buying a house, etc.
A very small percentage of money is kept by the bank as cash just in case the customers wish to withdraw any amount needed by them on a particular day.
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संबंधित प्रश्न
How do banks play an important role in the economy of India? Explain.
Why are most of the poor households deprived from the formal sector of loans?
"The credit activities of the informal sector should be discouraged." Support the statement with arguments.
Look at a 10 rupee note. What is written on top? Can you explain this statement?
In what ways does the Reserve Bank of India supervise the functioning of banks? Why is this necessary?
__________issues currency notes on behalf of the Central Government.
Banks Charge a Higher Interest Rate on Loans than What They Offer on __________.
Explain the reason for the necessity of supervision by the Reserve Bank of India of formal sources of loans.
