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Virat
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Asked: 2025-11-09T08:58:00+00:00 In:

Look at the given picture carefully and infer the income of the bank: (a) The difference between the amount deposited and borrowed by the bank to Reserve Bank of India. (b) The difference of amount of interest between what is charged from borrowers and what is paid to depositors. (c) The difference of interest rate between what is charged from borrowers and what is charged from depositor. (d) The difference between the amount deposited by the depositor and borrowed by the borrower.

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Look at the given picture carefully and infer the income of the bank: (a) The difference between the amount deposited and borrowed by the bank to Reserve Bank of India. (b) The difference of amount of interest between what is charged from borrowers and what is paid to depositors. (c) The difference of interest rate between what is charged from borrowers and what is charged from depositor. (d) The difference between the amount deposited by the depositor and borrowed by the borrower.

The bank’s income comes from the difference between the higher interest rate charged on loans to borrowers and the lower interest rate paid to depositors. This difference in interest rates is the main source of profit for banks. The correct answer is (b).

cbse class 10 social science question paper 2024difference between the amount deposited and borrowedprevious year question 2024 cbse class 10
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