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Can we understand the economy of the country by the data on Banking and Finance? Explain. |
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Answer» Yes, we can. With the Big Data analytics the study of investment patterns of the people can be done. We can analyse the bank deposits made, the loans taken and the equity trading. We can find out the business across borders. We can find out how many industries have come up, and what the industrial economy is. From all this information, we understand the economy of the country. |
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