The first meeting of Montezuma and Cortes was quite cordial. The Aztec ruler regarded Cortes with keen interest. He even received the gifts from the Mexican well. Cortes boldly put a necklace on the neck of the prince and even wanted to hug him if he did not thought it was going to be too much.
Banks and other financial institutions use savings deposits to help borrowers by using deposits to make loans.
Answer: Option A
<u>Explanation:</u>
- The two important functions of a bank are to lend loans and accept deposits. Bank accepts deposits from people for which interest is provided to them.
- With loans being one the core functions of a bank, these loans are given to borrowers through the deposits made by the people.
- This is done to ensure that the cycle of cash and money is maintained in the economy. Based on the need and requirements, the cycle is accelerated or slowed down.
In an effort to deal with an increasing number of immigrants, in 1892 the U.S. government either banned or put limitations on many potential immigrants coming from Europe and Asia, especially China.
