Introduction to banking and types of banking

Introduction to banking and types of banking

Assessment

Interactive Video

Business

10th Grade - University

Hard

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The video explores the functions of banks and the various types of banks in India. It explains how banks make money through deposits and loans, earning interest in the process. The Reserve Bank of India (RBI) oversees the banking system, while commercial banks, co-operative banks, payment banks, and small finance banks serve different segments of the population. Each type of bank offers unique services, catering to diverse financial needs.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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