हिंदी

What is Bank? - Organisation of Commerce and Management

Advertisements
Advertisements

प्रश्न

What is Bank?

लघु उत्तरीय
Advertisements

उत्तर

A bank is a financial institution that accepts deposits, makes loans, and provides other financial services to individuals and businesses. It provides a secure location for storing money and promotes economic activity by lending cash and coordinating financial operations such as money transfers and currency exchange. Banks play an important role in the economy by connecting those with excess funds to others who need to borrow them.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 14: Banks: Commercial Bank and Central Bank - TEST YOURSELF QUESTIONS [पृष्ठ २७४]

APPEARS IN

फ्रैंक Economics [English] Class 12 ISC
अध्याय 14 Banks: Commercial Bank and Central Bank
TEST YOURSELF QUESTIONS | Q 1. i. | पृष्ठ २७४
आर. के. लेखी और पी. के. धर Economics [English] Class 12 ISC
अध्याय 25 Bank and Commercial Bank
TEST QUESTIONS | Q A. 1. | पृष्ठ २५.११
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×