CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

'banks are important agent of investment' do u agree? why or why not?

Open in App
Solution

Hey Radika,

Yes, I agree with the above statement. Banks are important agent of investment as banks accept deposits from the general public and extend loans for various purposes such as investment and consumption. In this way, banks act as a link between savers and investors.

Keep Posting!!

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
A Blueprint for Growth
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon