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प्रश्न
Name one development bank.
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उत्तर १
- Development banks are financial institutions that prioritise meeting society's basic needs, leading to growth and development in social and economic areas.
- However, societal demands vary by place due to changes in social structure, economy, and offerings.
- The National Bank for Agriculture and Rural Development (NABARD) is India's agricultural development bank.
उत्तर २
Small Industries Development Bank of India.
Notes
Students can refer to the provided solutions based on their preferred marks.
संबंधित प्रश्न
Distinguish between the following:
Current account & Recurring deposit account
State with Reasons whether the following statement is TRUE or FALSE.
Overdraft facility is given to saving account holders.
State with Reasons whether the following statement TRUE or FALSE.
Current account is suitable for salaried people.
Explain the types of banks?
Choose the Correct Answer.
Which bank is not an Industrial Bank?
Give the meaning of Commercial Banks?
What do you mean by Industrial Banks?
What are Foreign Banks?
What are the objectives involved in Regional Rural Banks?
Mention the purposes of Agricultural and Cooperative banks?
Which of the following banks regulate the supply of money in the economy?
Assertion: Central banks control credit.
Reasoning: Commercial banks issue bank drafts.
The central bank of a country serves as the leader of the banking system and the money market.
What is meant by an overdraft facility given by a commercial bank?
Give two agency functions of commercial banks.
Explain main functions of commercial bank.
What is a Banker’s Cheque?
What is the main function of commercial banks like SBI and HDFC?
Which bank specifically supports India’s exports and imports through long-term finance?
How do banks act as financial intermediaries in an economy?
