Economics · Financial Institutions
Consider the following statements regarding Development Financial Institutions (DFIs): (a) They provide short-term funds. (b) They develop industry, agriculture, and other key sectors by providing long-term finance. (c) They regulate the money market. (d) They regulate the capital market. Which of the statements given above is/are correct?
- 1Only (a)
- 2(a) and (b)
- 3Only (b)✓
- 4(c) and (d)
Correct answer
Only (b)
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