Commercial banks can contribute to Economic development in which of the following ways?
I. Capital formation
II. Encouragement to Entrepreneurs
Ill. Monetisation of economy
IV. Regional development

I and II are correct

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III and IV are correct

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I, II and III are correct

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All are correct

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Solution

The correct option is D All are correct
Commercial banks contribute to economic development by lending loans for agricultural development and entrepreneurship. It keeps the cash flowing in the economy through loans and public deposits.

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Commercial banks can contribute to Economic development in which of the following ways?I. Capital formationII. Encouragement to EntrepreneursIll. Monetisation of economyIV. Regional development

The correct option is D All are correctCommercial banks contribute to economic development by lending loans for agricultural development and entrepreneurship. It keeps the cash flowing in the economy through loans and public deposits.

Commercial banks can contribute to Economic development in which of the following ways?
I. Capital formation
II. Encouragement to Entrepreneurs
Ill. Monetisation of economy
IV. Regional development

The correct option is D All are correct
Commercial banks contribute to economic development by lending loans for agricultural development and entrepreneurship. It keeps the cash flowing in the economy through loans and public deposits.