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Select the correct option and complete the following table. (RTGS, SIDBI, apex financial institution in banking industry of country, recurring deposit, long term loans)

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Question

Select the correct option and complete the following table.

(RTGS, SIDBI, apex financial institution in banking industry of country, recurring deposit, long term loans)

Group A Group B
1 _________ fund transfer on real-time and gross basis
2. loans to meet long term capital requirements ________
3 ____________ Account operated by salaried and businessmen both.
4. Central bank _____________
5 _____________ Principal financial institution for MSMEs
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Solution

Group A Group B
1 RTGS fund transfer on a real-time and gross basis
2. loans to meet long term capital requirements

long term loans

3 Recurring Deposit Account operated by salaried and businessmen both
4. Central bank apex financial institution in the banking industry of the country
5 SIDBI Principal financial institution for MSMEs
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Chapter 4: Business Services - EXERCISE [Page 90]
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