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How do financial institutions contribute to economic development?
  • a)
    By controlling inflation rates
  • b)
    By promoting international trade
  • c)
    By providing financial services and mobilizing savings
  • d)
    By regulating the stock market
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
How do financial institutions contribute to economic development?a)By ...
Financial institutions contribute to economic development by providing financial services and mobilizing savings for investment.
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How do financial institutions contribute to economic development?a)By controlling inflation ratesb)By promoting international tradec)By providing financial services and mobilizing savingsd)By regulating the stock marketCorrect answer is option 'C'. Can you explain this answer?
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