Question : Which of the following is not a type of financial intermediary?
Option 1: Commercial bank
Option 2: Investment bank
Option 3: Stock exchange
Option 4: Central bank
Answer (1)
24th Jan, 2024
Correct Answer: Central bank
Solution :
The correct answer is (d) Central bank.
While central banks play a crucial role in the financial system and monetary policy, they are not typically considered financial intermediaries. Central banks are responsible for managing a country's money supply, formulating monetary policy, and maintaining financial stability, among other functions.
Comments (0)
