Millionaire Mode

The Importance of Financial Development in Economic Development

Question 1 of 15

Which of the following is NOT considered a key role of financial development in economic development?

  1. Encouraging savings and investment
  2. Facilitating risk management
  3. Promoting financial stability
  4. Increasing government spending

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000