<h2>Dead lock is possible in Bank Transactions</h2>
Explanation:
Let us understand the term "Dead lock"
A deadlock is a situation where whole set of process is locked, since each of the process is waiting or holding the resource of another process. Each process will be interdependent and waiting for the same resource.
Deadlock is possible during bank transaction in the following situation:
A & B are two accounts where A tries to transfer funds to B and B tries to transfer fund to A.
When both tries to transfer funds at the same time, deadlock occurs.
A deadlock can be avoided by any one of the four methods.
They are: Mutual exclusion, No preemption, circular wait, hold and wait.