Work We Do — LOOKING AROUND ENVIRONMENTAL STUDIES STD 3 — Question
Gujarat BoardEnglish MediumSTD 3LOOKING AROUND ENVIRONMENTAL STUDIESWork We Do2 Marks
Question
How are banks useful to us ?
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Answer
Banks are useful to us in the following ways :
$(1)$ It takes care of our savings. The money is safe in the custody of the banks.
$(2)$ If needed, the bank returns the money we have deposited in it.
$(3)$ Banks give us interest on the money we deposit and save.
$(4)$ If needed, a bank gives us loans for business.
$(5)$ A bank looks after our ornaments and valuables.
$(6)$ A bank accepts cheques for our light bills and telephone bills.
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