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Question

Which of the following provide long-term credit for capital-intensive investments spread over a long period and low yielding rates of return, such as urban infrastructure, mining and heavy industry, and irrigation systems.

A Commercial Banks Correct Answer Incorrect Answer
B Development financial institutions Correct Answer Incorrect Answer
C Rural Banks Correct Answer Incorrect Answer
D NABARD Correct Answer Incorrect Answer
E NAFED Correct Answer Incorrect Answer

Solution

Development financial institutions provide long-term credit for capital-intensive investments spread over a long period and low yielding rates of return, such as urban infrastructure, mining and heavy industry, and irrigation systems.

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