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Question

How do banks support entrepreneurs?

A
Give interest in return for deposits
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B
Provide deposits as loans
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C
Use deposits as savings
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D
Give deposits as service fee
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Solution

The correct option is B Provide deposits as loans
The savings deposited in the banks are not kept idle and are used to give loans to entrepreneurs. Entrepreneurs use these loans as investments for their enterprises. This way, the resources become productive, and there is development in the market.

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