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प्रश्न
Which of the following is the primary purpose of loan activities offered by banks?
पर्याय
To compete with other financial institutions
To generate profits for the primary sector only
To increase income of MNCs
To support economic growth
MCQ
उत्तर
To support economic growth
Explanation:
Banks contribute to economic growth by offering loans to individuals, businesses, and governments, fostering investment and consumption, and boosting overall economic activity.
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