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The role of banking in national development is :

1- to control and adjust the rate of foreign exchange .

2- to control the financial stability of the country.

3- to control the interest rate.

4- to control the inflation and deflation.

5- to supply and distribute money equally.

6-mobilise financial resources

7-play advisory role in development

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13y ago
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10y ago

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Q: What is the role of banking in national development?
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