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Bank systems

Different functions of banks

QuestionAnswer
What is money? Money is anything that is widely accepted or used to exchange goods
What is the functions of money? As a medium of exchange, unit of account, store of value and standard for deferred paymenet.
Which bank has provided credit card and mortgages? commerical bank
What are the advantages if you save your money in commerical bank? keeping money safe and earn the interest.
what bank is owned by government? central bank
Created by: TADA
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