English, asked by hiteshbaro107, 2 months ago

19. What is development Bank? Explain the functions of
Development Bank​

Answers

Answered by yroli386
12

Explanation:

A development bank may, thus, be defined as a financial institution concerned with providing all types of financial assistance (medium as well as long-term) to business units, in the form of loans, underwriting, investment and guarantee operations, and promotional activities-economic development in general, and ...

Answered by akanksha9049
0

Answer:

A development finance institution also known as a development Bank.

A development Bank may, thus be defined as a financial institution concerned with providing aal type of financial assistance to business units, in the form of loans, underwriting and investment.

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