Question

The system of credit intermediation that involves entities and activities outside the regular banking system is called

• A. Retail Banking
• B. Investment Banking
• C. Shadow Banking
• D. Corporate Banking

Answer 1

Answer:

C. Shadow Banking

Shadow Banking:

• A shadow banking system can be broadly defined as the system of credit intermediation that involves entities and activities outside the regular banking system.
• Banking carried out by NBFC which provide services similar to traditional commercial banks.