Which of the Following Is Not True for Banks in Developing

Which of the following is not true for banks in developing countries?

A) Banks are often viewed with suspicion.
B) Many bank depositors withdraw their funds at the first sign of economic problems.
C) Banks cannot make loans for extended periods because they cannot rely on a continuous supply of deposits.
D) If financial institutions fail to serve as intermediaries between savers and borrowers,the lack of funds for investment will make growth rates double.
E) The credit provided by banks as a percentage of total output is one-fifth of that in high-income countries.