What is bank , tupes of bank ? what is mean public sector bank ? what is your opinion about 2016 demonetisation and its impact?

Question

Accepted Answer

A bank is a financial institution that accepts deposits and provides loans. Public sector banks are owned and operated by the government.

Types of banks include commercial banks, investment banks, and central banks.
Public sector banks in India include State Bank of India, Bank of Baroda, and Punjab National Bank.
Demonetisation in 2016 involved the withdrawal of high-value currency notes in India, which had a significant impact on the economy.
Opinions on demonetisation vary, with some praising it as a move to curb corruption and others criticizing it for causing economic disruption.

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