Question
In the following statements, which is NOT a role of financial institutions? Pooling savings Safekeeping and accounting Maximizing the investment return Collecting and processing information
In the following statements, which is NOT a role of financial institutions?
Pooling savings
Safekeeping and accounting
Maximizing the investment return
Collecting and processing information services
( ) is not an off-balance sheet activities
Lines of credit
Letter of credit
Credit cards credit limit
Mortgage
Which of the following statements is NOT true about the function of insurance companies?
They pool small premiums and make large investments with them
They diversify risks across a large population
By screening applicants, they can reduce adverse selection
They provide liquidity
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Sustainable Value Creation An Inevitable Challenge To Business And Society
Authors: Teun Wolters
1st Edition
3031353501, 978-3031353505
