What are the advantages of banking?
Answer (1)
27th Feb, 2023
Banking is the main pillar of the financial sector of the country.Various advantages of banking are given below:
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It offers loans for the personal or developmental purposes of a citizen.
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Banking helps in generating employment opportunities.
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It helps in balancing the economy of the country.
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In India, banking plays a major role in providing assistance to a citizen financially and helps a person to be independent.
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