+3 votes
in Class 10 by kratos

“The number of saving bank account holders is increasing” Give reasons.

1 Answer

+4 votes
by kratos
 
Best answer

The number of saving bank account holder is increasing because:

  1. Banks are the safe custody for depositing money.

  2. Depositing money in the banks is helpful to meet future requirements like ****’* education and wedding expenses.

  3. Banks give interest to the deposits.

  4. Banks provide advances in loans for agriculture and business purposes etc.

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