One of the functions of Development Banks is to
Question
One of the functions of Development Banks is toOptions
A)
mint money for the development of the economy
B)
provide short-term loans to commercial banks
C)
provide medium and long-term finance for the development of the banking system
D)
provide medium and long-term finance for the development of the economy
Related Lesson: Development Banks | Financial Institutions
The correct answer is D.
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