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

store, lend, and invest money.
store, lend, and borrow money.
store, lend, and distribute money.
store, lend, and approve money.

A bank refers to a financial institution that is charged with the responsibility of storage, lending and investment of money. Banks serve as key drivers to the economy in any country. Banks are regulated under the central bank of the country.

Hence, the major functions of a bank are to store, lend, and invest money.

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The main role of banks in the nation’s economy is to store, lend, and invest money. store, lend, and borrow money. store, lend, and distribute money. store, lend, and approve money.

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What is a bank?

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

store, lend, and invest money.
store, lend, and borrow money.
store, lend, and distribute money.
store, lend, and approve money.