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please its a banking operations question Question 1: a) Why do you understand by financial intermediaries? b) Define the term Retail banking and explain how

please its a banking operations question image text in transcribed
Question 1: a) Why do you understand by financial intermediaries? b) Define the term "Retail banking and explain how different is it from wholesale banking"? c) Define commercial bank and explain the mechanism of credit creation by a commercial bank d) Distinguish between commercial banking and investment banking

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