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Which of the following statements is/are correct about financial intermediaries? I. Financial intermediaries primarily operate within the secondary market. II. Examples of financial intermediaries

Which of the following statements is/are correct about financial intermediaries? I. Financial intermediaries primarily operate within the secondary market. II. Examples of financial intermediaries are: commercial banks, thrift companies and the internal revenue service Only statement I is correct. Only statement II is correct. Both statements I and II are correct. Neither statement I nor II is correct.

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