Economics · Economic Role
Through which macro-economic process does the Indian financial system play a crucial role in economic development?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Import substitution process
- 2Currency demonetization process
- 3Saving-investment process leading to capital formation✓
- 4Deficit financing process
Correct answer
Saving-investment process leading to capital formation
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