Answer :

Savings is the portion of income which is not spent by the consumer. Saving is the method used for using the money or financial assets for future use. Banks are the institutions which promote the saving habit for the consumers.


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
History - Concept and QuestionsHistory - Concept and QuestionsHistory - Concept and Questions57 mins
Trigo Marathon Part 1Trigo Marathon Part 1Trigo Marathon Part 146 mins
Heights and Distances - IIHeights and Distances - IIHeights and Distances - II45 mins
Heights and Distances - IHeights and Distances - IHeights and Distances - I54 mins
Revision on Substitution and  Elimination MethodRevision on Substitution and  Elimination MethodRevision on Substitution and Elimination Method44 mins
Trigo Marathon Part 2Trigo Marathon Part 2Trigo Marathon Part 245 mins
Arithmetic Progression and 'nth' Term of APArithmetic Progression and 'nth' Term of APArithmetic Progression and 'nth' Term of AP55 mins
Application of Trigo Important QuestionsApplication of Trigo Important QuestionsApplication of Trigo Important Questions44 mins
Economics - Concept and QuestionsEconomics - Concept and QuestionsEconomics - Concept and Questions59 mins
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

Explain the diffeRajasthan Board Social Science

What are self- heRajasthan Board Social Science

Extend the functiRajasthan Board Social Science

Write an article Rajasthan Board Social Science

What is the role Rajasthan Board Social Science

Explain the moneyRajasthan Board Social Science

Explain the main Rajasthan Board Social Science

Who is the countrRajasthan Board Social Science

Who is the financRajasthan Board Social Science

Which notes are mRajasthan Board Social Science