21
QuizMultiple Choice

Earning Income — Test

Question 21 • Personal Finance

The main role of banks in the nation’s economy is to

Answer
A
store, lend, and invest money.
B
store, lend, and borrow money.
C
store, lend, and approve money.
D
store, lend, and distribute money.

Explanation

Banks accept deposits to keep money safe, lend money to borrowers, and invest funds to support economic activity. That matches “store, lend, and invest money.” Banks may borrow funds too, but borrowing is not their main role in the economy.

AI-written and checked against the verified answer.

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