Q10. Modern banking system plays an important role in country's econom – InterviewSolution

1.	Q10. Modern banking system plays an important role in country's economic development. Briefly explain.
Answer» tion: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.________❤️_________

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