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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

A Bank is an Institution Which Deals in Money and _____________ (Commodity Money/Credit/Barter/Standard Money) - Economics

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प्रश्न

 A bank is an institution which deals in money and _____________

(commodity money/credit/barter/standard money)

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उत्तर

 A bank is an institution which deals in money and credit.

Explanation:
A bank is a financial institution which deals in money matters and credit. The banks perform the primary functions of accepting deposits and through these, create credit by advancing loans. Thus, they not only deal in money matters such as depositing money but also create credit in the country.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2013-2014 (March)

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