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MA
Question Practice

What role do loan activities of banks play in economic development?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 10
Social Science
Understanding Economic Development
MONEY AND CREDIT
Question Bank

What role do loan activities o...

Single Answer MCQ
Q-00015849

What role do loan activities of banks play in economic development?

1

They limit consumer spending.

2

They promote savings only.

3

They aid in fund allocation for growth.

4

They create inflation.

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Q4.

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