Home » » Unlabelled » two people arreseted

two people arreseted

A bank is an institution that accepts deposits of money from the public withdraw-able by cheque and used for lending. Thus, there are two essential functions which make a financial institution a bank:

भिडियो हेर्नुहोस !

(1) Acceptance of chequable deposits (of money) from the public and (2) Lending. The former is its unique or most distinctive function. Three things about deposits are noteworthy: (i) They are deposits of money and not of goods or non-money financial assets; (ii) Deposits are accepted from the public at large and not merely from its shareholders or members; (iii) The deposits

two people arreseted

0 comments Blogger 0 Facebook