Home » Economics » The developments banks are essentially different from commercial banks because they

The developments banks are essentially different from commercial banks because they

The developments banks are essentially different from commercial banks because they
  • A.
    medium and long term loans
  • B.
    open current accounts for their customers
  • C.
    discount bills of exchange
  • D.
    are lenders of last resort
  • E.
    carry out open market operations
Correct Answer: Option A
Explanation