Discuss the role of financial system the economic development in india
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The role of financial system is thus, to promote savings and their channelization in the economythrough financial assets that are more productive than the physical assets. Developing countries attach great importance tofinancial sector development and deepening in the pursuit of their poverty reduction goal.
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Along with the Prime Minister, Cabinet ministers form the main decision-making group within executive government – the Cabinet. A Cabinet minister's role includes: directing government policy and making decisions about national issues. ... presenting bills (proposed laws) from their government departments.
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