Economics · Institutional Finance
Which of the following statements correctly describe institutional finance to small industries? A) Commercial banks provide working capital and term loans. B) Microfinance institutions focus on small-scale borrowers with limited access to formal credit. C) Cooperative banks operate only in urban areas. D) Financial institutions support entrepreneurship through credit and advisory services.
- 1A, B and D only✓
- 2A, C and D only
- 3B, C and D only
- 4A and C only
Correct answer
A, B and D only
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