Economics · Financial Institutions
Which of the following statements about Development Financial Institutions (DFIs) is correct?
- 1They act as the apex regulatory body for the domestic capital markets
- 2They operate under the cooperative banking structure at the district level
- 3They provide long-term finance for infrastructure and industrial development projects✓
- 4They primarily mobilize short-term capital for daily commercial retail trade
Correct answer
They provide long-term finance for infrastructure and industrial development projects
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