मराठी

People, by opening a bank account, can keep their surplus money safe in bank and can earn interest income too. - Economic Applications

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प्रश्न

People, by opening a bank account, can keep their surplus money safe in bank and can earn interest income too. 

पर्याय

  • True

  • False

MCQ

उत्तर

The statement is True.

Explanation:

People who open a bank account can keep their excess funds safe in a bank, preventing theft or loss. Furthermore, most forms of bank accounts, such as savings accounts and fixed deposits, provide interest income, allowing people to make money while keeping their investments safe.

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Importance of Banks
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 8: Commercial Banks - QUESTIONS [पृष्ठ १९७]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 8 Commercial Banks
QUESTIONS | Q 13. | पृष्ठ १९७

संबंधित प्रश्‍न

How does the presence of banks help in capital formation?


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