One of the functions of Development Banks is to

ECONOMICS
JAMB 1991

One of the functions of Development Banks is to

  • A. mint money for the development of the economy
  • B. provide short-term loans to commercial banks
  • C. provide medium and long-term finance for the development of the banking system
  • D. provide medium and long-term finance for the development of the economy

Correct Answer: D. provide medium and long-term finance for the development of the economy



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