Question on: SS1 Economics - Features of Banking And Non-Banking Financial Institutions

Which of the following is a feature of both banking and non-banking financial institutions?

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A

Accept deposits from customers

 

B

Provide payment services

 

C

Offer various types of loans

D

Regulated by the central bank of the country

 

E

Federally insured by the government up to a certain amount

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Correct Option: B

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