Answer:
Option "D" is the correct answer to the following question.
Explanation:
Banking sectors are very important for the economy of any country.
The main function of the banking sector is to accept the deposits of individuals and give the received currency as a loan to the individuals so that businessmen can use the economic funds for their business.
The banking sector can increase the amount of money in the economy of any country and also play an important role in the country's economic system.
Answer:
The Correct Answer is D
Increasing money supply
Explanation:
Lending activities represent one key contributor to the achievement of banking objectives. they full fill the valid credit needs of the society.
A loan that satisfies the valid credit needs means a loan with a purpose that is both legal and relevant for the society and it also increases the money supply in the market.
Several Individuals and businesses in society require credit for investment purposes. lending bank loans help them by meet the credit need of society.
