10th Class Social Science Solved Paper - Social Science-2017 Outside Delhi Set-I

  • question_answer
    Explain any three loan activities of banks in India.

    Answer:

    Activities of banks in India who are involved in providing loan:
    (i) Banks provide loans for various economic activities.
    (ii) Banks intermediate between those who have surplus funds and those who are in need of these funds.
    (iii) Banks offer very less interest on deposits than what they demand on loans.


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