Life insurance companies contribute to economic development by holding a part of their assets in
a
long-term financial instruments
b
money market instruments
c
cash and near money
d
short-term financial instruments
Explanation
Correct Option
cVideo Explanation
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Discussions (3)
Iember_codes
3 years ago
Option C does not really contribute much to economic development, I believe the correct option is A long term financial instruments like bonds
