हिंदी

State whether the following statement is true or false: ‘All financial Institutions are banking institutions.’ - Economics

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प्रश्न

State whether the following statement is true or false:

‘All financial Institutions are banking institutions.’

सत्य या असत्य
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उत्तर

This statement is false.

Explanation:

Not all financial institutions are banks. Some financial institutions provide services like insurance, mutual funds, and investments, but they do not accept deposits like banks.

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2019-2020 (March) Delhi Set 1
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