One significance of commercial banks is that they promote balanced geographical distribution of bank branches in backward areas2 pointsTRUEFALSE

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One significance of commercial banks is that they promote balanced geographical distribution of bank branches in backward areas2 pointsTRUEFALSE
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Solution 1

TRUE. One of the significant roles of commercial banks is to promote a balanced geographical distribution of bank branches, including in backward or underdeveloped areas. This helps in the economic development of these areas by providing necessary financial services and promoting financial inclusion Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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