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Question

International Agencies and Development Banks provide ________ and ________ term loans.

A
long, short
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B
long, medium
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C
short, medium
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D
both a and b
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Solution

The correct option is A long, medium
International agencies and Development banks provide long term and medium term loans to promote the development of economically backward areas in the world. These bodies were set up by the governments of developed countries in the world at national, regional and international level.

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