Question

    What do the banks do with the deposits which they accept

    from the customers?
    A Banks use these deposits to buy properties Correct Answer Incorrect Answer
    B Banks use a major portion of deposits to extend loans. Correct Answer Incorrect Answer
    C Banks use deposits to give bonus to their employees. Correct Answer Incorrect Answer
    D Banks use deposits to set up more branches in the country Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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