Economics · All-India Financial Institutions
All-India financial institutions are often associated with long-term and specialized financing needs that commercial banks may not always address adequately. Their importance lies mainly in their ability to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1function without any capital adequacy norms
- 2replace the central bank in monetary management
- 3provide only cash management services to corporates
- 4support targeted sectors through specialized financial intermediation and development-oriented finance✓
Correct answer
support targeted sectors through specialized financial intermediation and development-oriented finance
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