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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Mention the importance of banking services. - Commerce

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Question

Mention the importance of banking services.

Short Note

Solution

Banking service is the nerve center of industry and commerce in a country. It plays a vital role by providing the money required for their regular functioning and development.

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Functions of RBI
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Chapter 10: Reserve Bank of India - Exercises [Page 95]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 10 Reserve Bank of India
Exercises | Q III. 1. | Page 95
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