हिंदी

Why do people deposit money in banks?

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प्रश्न

Why do people deposit money in banks?

विकल्प

  • Banks issue the country's currency

  • Banks pay interest

  • Banks establish Reserve Ratios

  • Banks control money supply through OMO

MCQ
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उत्तर

People deposit money because banks pay interest. Deposits are also safer than holding cash.

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