UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Money Supply and Indian Financial System

  • question_answer
          Which of the following would best describe the role of a merchant bank?

    A) To monitor the activities of publicly-list companies

    B) To act as banker and financial agent to the federal government

    C) To provide borrowing and leading services, primarily to the business sector

    D) To provide loans to the corporate sector through receipts of insurance premiums

    Correct Answer: C


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