refers to physical assets that act as a security for the loans customers avail from banks.

Credit

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Collateral

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Savings

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Deposits

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Solution

The correct option is B Collateral
Collateral refers to physical assets such as gold, property, and deposit certificates that act as security for banks against the loans customers avail from them. Collateral acts as a security if the customer fails to repay the loan to the bank.

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