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Question
Development banks like SIDBI and NABARD mainly focus on ______.
Options
Short-term personal loans
Long-term industrial and agricultural development
Currency issue
Only accepting savings deposits
MCQ
Fill in the Blanks
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Solution
Development banks like SIDBI and NABARD mainly focus on long-term industrial and agricultural development.
Explanation:
Development banks provide long-term capital to promote growth in industries, agriculture and infrastructure.
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