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Define bank and its function.

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Define bank and its function.

Posted by Gaurav Tripathi Tripathi 3 years, 1 month ago

CBSE > Class 12 > Economics

3 answers

Lhakpa Choden 3 years ago

Any organisation that accepts deposit for the purpose of lending.ie., perform these dual functions

Abhi Singh 3 years, 1 month ago

Bank is a organisation which deals with money and transiction is called bank

Shrianshika Saini 3 years, 1 month ago

Function 1. They lend loans . 2. We save our money with them .

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This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

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