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Advantages of e-Banking

How are banks...

Question

How are banks extending loans to the public?
? 1) Credit from money lenders
? 2) Loans from cooperatives
? 3) Cash deposits with banks
? 4) Borrow money from RBI

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Solution

Dear Student

Answer. Option 4) ( Borrow money from RBI )

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How are banks extending loans to the public?

Q. Which of the following statements about banking operations is correct as they help banks to run their shops?
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Which of the above statement(s) is/are correct?

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