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Serggg [28]
4 years ago
9

_____ are financial intermediaries that obtain funds by accepting checking and savings deposits from individuals, businesses, an

d other institutions, and then lending those funds to borrowers.
a. Common markets
b. Depository institutions
c. Investment banks
d. Securities brokers
Business
1 answer:
aleksandrvk [35]4 years ago
6 0

Answer:

Option "B" is the correct answer to the following statement.

Depository Institutions

Explanation:

Depository Institutions are a type of organization that collects money from the people in the form of their saving or investment.

  • Depository Institution Invest this money in the form of loan or long term loan to the other business and institutions.

However, Credit societies are not included in Depository Institutions.

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