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How do commercial banks contribute to employment generation in developing countries?
  • a)
    By discouraging vocational training
  • b)
    By investing in high-risk ventures
  • c)
    By providing loans to entrepreneurs and technically trained individuals
  • d)
    By focusing solely on urban areas
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
How do commercial banks contribute to employment generation in develop...
Commercial banks contribute to employment generation in developing countries by providing loans to young entrepreneurs, medical and engineering graduates, and other technically trained individuals. This supports the establishment of new businesses and ventures.
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How do commercial banks contribute to employment generation in developing countries?a)By discouraging vocational trainingb)By investing in high-risk venturesc)By providing loans to entrepreneurs and technically trained individualsd)By focusing solely on urban areasCorrect answer is option 'C'. Can you explain this answer?
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