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Question Practice

Which of the following best describes the relationship between depositors and borrowers?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 10
Social Science
Understanding Economic Development
MONEY AND CREDIT
Question Bank

Which of the following best de...

Single Answer MCQ
Q-00015841

Which of the following best describes the relationship between depositors and borrowers?

1

Depositors lend directly to borrowers.

2

Borrowers are required to deposit funds.

3

Banks mediate between them.

4

Depositors pay for loans.

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Q4.

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