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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Write the meaning of ‘Bank.’ - Commerce

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Question

Write the meaning of ‘Bank.’

One Line Answer
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Solution

In simple words, a bank is an institution, which deals in money and credit. The Bank normally refers to Commercial Bank.

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Chapter 10: Reserve Bank of India - Exercises [Page 95]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 10 Reserve Bank of India
Exercises | Q II. 2. | Page 95
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