Question

How development bank contribute in the department of the economy?

Answer 1

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There is a strong positive relationship between financial market development and economic growth. ... Financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services.

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Answer 2

✨The development bank helps in the growth of capital markets. They invest in equity shares and debentures and mutual funds of several companies listed in India.✨