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      Question

      What is the main source of income of a

      bank?
      A Bank charges that the depositors pay for keeping their money safe is the main source of the bankโ€™s income. Correct Answer Incorrect Answer
      B The difference between what is charged from the borrowers and paid to the depositors is the main source of bankโ€™s income. Correct Answer Incorrect Answer
      C Banks earn huge amounts of money by investing the money of the depositors in various company shares. Correct Answer Incorrect Answer
      D The Government of India gives huge amounts of money to the banks to help their smooth functioning. Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      The correct answer is B

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