Chapter 1 Class 8 Economics - Introduction to Banks

The difference between the interest earned on loans and the interest paid on deposits is known as the bank's ________


A. Net interest income

B. Gross interest income

C. Interest margin

D. Interest spread


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Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.