What is an important advantage of Mixed Banking?

Help in industrialisation

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Help in foreign exchange transactions

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Help in transfer of funds

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Help in providing finance

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Solution

The correct option is B Help in industrialisation
Mixed banking system is a combination of both, deposit banking and investment banking. When commercial banks undertake industrial banking, it will have large amount of funds to provide substantial aid to industries as a long term loan. Hence, mixed banking helps in industrialization.

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