Which one of the following statements is TRUE?

a$.$ None of the other options are correct.

b$.$ Finance companies help their clients to buy and sell shares in the stock

market.

c$.$ Most mutual funds do not include bonds and other fixed$-$income securities

in their investment portfolios.

d$.$ Finance companies take deposits from individuals and lend these funds in

the form of loans $($e$.$g$.$ personal loans$).$

e$.$ An insurance company is an authorised depository institution because it

provides life insurance services to households.