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 ...
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The correct option is (a). The Bengal Gazette was unbiased in nature. It was India’s first English weekly newspaper, free from colonial influence. It aimed to share commercial, social and political information independently, giving voice to diverse opinions and reflecting ...
A cheque is a written instruction from an account holder directing the bank to pay a specific amount to a person or organization. It serves as a safe and convenient method for making payments without using cash. Correct Option: (d) ...
Privatisation can boost efficiency and economic growth, but without proper regulation, it can increase inequality and reduce social welfare. A balanced approach—combining private efficiency with government oversight—is essential for inclusive and sustainable development.
Public expression of dissatisfaction, such as protests or petitions, strengthens democracy. It allows citizens to voice concerns, hold leaders accountable, influence policies and correct injustices, ensuring that governance reflects the people’s needs and promotes transparency and participation.