Financial Markets and Banking Operations mcq set 1

Q1: Financial intermediation is the process that the financial intermediaries connect___and___by transferring funds from one side to another A. Banks and account holdersB. Borrowers and lendersC. Borrowers and securities firmsD. Investors and lender AnswerAnswer B. Borrowers and lenders Q2: Which of the following does financial services industry consist of? A. TelecommunicationB. InsuranceC. Fund ManagementD. Trusts…

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