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Question Practice

What does it mean when banks facilitate financial transactions?

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

MCQ_SA
CBSE
Class 7
Social Science
Exploring Society India and Be...
Banks and the Magic of Finance
Question Bank

What does it mean when banks f...

Single Answer MCQ
Q-00131336

What does it mean when banks facilitate financial transactions?

1

They store money forever

2

They promote inefficient spending

3

They help transfer money smoothly between parties

4

They restrict access to funds

Previous QuestionNext Question
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