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Explain with examples the role of banks in the economic development of a country.?
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Explain with examples the role of banks in the economic development of...
1.It provide loans to poor people at low interest2.It keeps the money of people safe and also provide some interest on it3.Demand deposit:-in which people can withdraw his or her money at any time
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Explain with examples the role of banks in the economic development of...
World bank uses percapitam income as a main charitaria in clasaaified different nation of the world according to world development record 2006 if has clasaaified into three charateries(1).High income country..... Countries with percapital income of rupees R 45300 per annum above In 2004,are called high income countries or rich countries.(2).Middle income countries.....It consists of those countries where percapital income is less than₹45300 and more than 3700 per annum per annum(3).Low income countries.... Countries with percapital income of ₹ 379000 or less in a year are called low income Countries.
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Explain with examples the role of banks in the economic development of a country.?
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