Banks are called ......... because they invest or lend funds of depositors who themselves are unable to lend their funds due to risk
AFinancial institutions
BFinancial intermediaries
CFinancial agents
DFacilitators
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Related Questions:
Mixed banking system originated in
The banks which were generally known as Presidency Bank
Who said the following words : "A bank is an institution whose debts are widely accepted in the settlement of other people's debts to each other."
A short term finance repayable on demand, with a maturity period of 1 to 14 days or overnight to fortnight is known as
Deposits meant for meeting children's education and marriage expenses are known as