What is the full form of "LBD"?
A. Live Broadcasting Dealer
B. Land Development Bank
C. Loan by Divulge
D. Lease by Deduction
Answer: Option B
Solution(By Examveda Team)
A land development bank abbreviated LDB, is a special kind of bank in India, and is of quasi-commercial type that provides services such as accepting deposits, making business loans, and offering basic investment products. The main objective of the LDB is to promote the development of land, agriculture and increase the agricultural production. The LDB provides long-term finance to members directly through its branches.This Question Belongs to Abbreviations >> Banking Abbreviations
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