Identify the source of money for banks to give loans.

Funds from the Reserve Bank of India

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Funds from the World Bank

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Funds from the deposits

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Funds from the owner's savings

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Solution

The correct option is C Funds from the deposits
.

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The bank gives you money in exchange for a mortgage on your house. This type of loan is called _____________.

Loans from commercial banks is a flexible source of finance.

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