How does it the economy that banks offer incentives (like interest payments, deposit insurance, etc.) to get customers to deposit money with them?

the answer is: it helps prevent people from keeping their cash out circulation

After collecting the money from the saver, Banks will provide loans to other business who needs a capital injection and put an interest rates from the total loan. This is the main way Banks obtain their profit.

This means that The more cash kept out of circulation , the more profit the Banks can potentially get.

Because of this, they offers various incentives for the saver to kept their money in the banks rather than using it somewhere else through interest, deposit insurance, maximum withdrawal, etc)

according to the song of roland, the characteristics of an ideal knight are: loyalty to the king, skilled warriors and horseman, valiant, bold, courageous, strong and proud in battle. they should be determined to fulfil their duties and willing to die to make their people safe.

the answer would be price fixing, hope it