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The primary function of a bank is to accept deposits from customers and provide loans, facilitating financial transactions and supporting economic activity. Secondary functions include offering services such as wealth management, currency exchange, and payment processing, as well as providing financial advice and risk management solutions. Additionally, banks play a crucial role in the payment system, enabling the transfer of funds between individuals and businesses.
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Why do semi trucks have two air tanks?
You have a primary and secondary tank. Certain air functions of the truck use the primary and others use the secondary tank.
What are the functions of primary and secondary groups?
A primary group has fact to face interactions and is more intimate than secondary groups. Secondary groups are more formal.
What does clean loan mean?
It is a kind of loan where there is no primary or secondary security or collateral taken by the bank.
Primary functions of commercial bank?
Accepting deposits,advances of loan ,credit creation
Purpose of capacitor bank on a sub-station electrical room?
The primary reason for a capacitor bank in an electrical substation is for power factor correction. There may also be some secondary purpose for the capacitor bank but the primary reason is power factor correction.
Difference between primary server and secondary server?
Primary Means, it is individual there is no dependence, But Secondary will allays depends on Primary, If you want to do Secondary, you should complete primary first, There is no precondition to primary, but for Secondary Primary is the Precondition, first you should do primary, then only you are able to do secondary.
What is Primary demand and secondary demand?
primary and secondary demand
A transformer has 20 primary windings and 100 secondary windings If the secondary voltage is 25 V find the primary voltage?
Voltage on primary/Primary turns = Voltage on secondary/Secondary turns
What are the two coils in a transformer?
primary and secondary coilsAnswerPrimary and secondary windings.
What is primary and secondary employment?
Primary employment refers to jobs that directly create goods and services, often involving direct production or service delivery. Secondary employment includes jobs that support the primary sector, such as roles in marketing, finance, or administration. Essentially, primary employment is focused on the core activities of an economy, while secondary employment encompasses ancillary functions that facilitate those activities.
What are the body's primary and secondary responses?
Primary is IgM and secondary is IgG
Which device transfers electrical energy from a primary coil to a secondary coil induction?
A transformer is a device that transfers electrical energy from a primary coil to a secondary coil through electromagnetic induction. It functions based on the principle of Faraday's Law of electromagnetic induction.
