Saved Bookmarks
| 1. |
“Bank plays an important role in the economic development of thecountry.” Support the statement with examples. |
|
Answer» The banking system plays an important role in the MODERN economic world. Banks collect the savings of the individuals and lend them out to business- people and MANUFACTURERS. ... Thus, the banks play an important role in the creation of new capital (or capital FORMATION) in a COUNTRY and thus help the growth process. Explanation: |
|