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Understand the financial sector
Financial sectors is said to be an important aspect when it comes to development of country. The important constituent lies in financial institutions and it acts as conduit that enables to transfer of resources from any savers to borrowers. This signifies that it is an easy process through which money gets transferred from those who spend less compared to their earnings.
The financial institutions play an important role and have been an active participant in long-term funds. It is expected that institution would come up with different financial products and services that can easily fulfill different needs of commercial sector.
Helps in growth of capital market
While looking for role of financial institutions in industrial development homework help, you will also come across with process through which financial systems can easily contribute in development of capital market. Most of the businesses would require two different types of capital:
It is easily raised through capital market with help of issuing of debentures and shares. Public as well as other financial institutions can easily invest and get to get good returns while making any minimized risks.
It involves around money market where there is a chance of getting short term loans and this can be raised through any business person by issuing of different credit instruments such as promissory notes, bills etc.
Financial system contributes in infrastructure
The role of financial institutions in industrial development assignment help will make you aware of the contribution of finance in development of infrastructure as well. Economic development depends on the facility available through infrastructure in any country.
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