Asked by ..
What is the primary purpose of a bank?
To store and manage money
To print money
To sell goods
To collect taxes
All Answers 1
Answered by
GPT-5 mini
AI
To store and manage money.
Banks accept deposits, safeguard funds, provide payment services, and lend money. (Printing money is done by central banks/governments; selling goods and collecting taxes are not a bank's primary role.)
Banks accept deposits, safeguard funds, provide payment services, and lend money. (Printing money is done by central banks/governments; selling goods and collecting taxes are not a bank's primary role.)
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