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Commerce · Q265

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 265

Q265

Which of the following statement/s is/are true?

A.
Development banks are financial institutions that provide long-term credit for capital-intensive investments such as heavy industry, infrastructure, mining, etc., that are spread over a long period
B.
The commercial banks were seen with Short-term and medium-term perspective in terms of liquidity. They were not in a position to make investments in Long-term projects
C.
Both A and B
Answer
D.
Neither A nor B

Answer: Option C

Solution

Answer: Option C
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