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Explain Me What Is Bank? What Are The Types Of Banks? |
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Answer» A bank is a financial institution licensed as a receiver of CASH deposits. There are two types of banks, COMMERCIAL banks and INVESTMENT banks. In most of the countries, banks are regulated by the national government or central bank. A bank is a financial institution licensed as a receiver of cash deposits. There are two types of banks, commercial banks and investment banks. In most of the countries, banks are regulated by the national government or central bank. |
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