Examveda
Examveda

Depository institutions includes

A. mutual funds

B. commercial banks and thrifts

C. savings banks

D. credit unions

Answer: Option B

Solution(By Examveda Team)

Depository institutions includes commercial banks and thrifts. A depository is a facility such as a building, office, or warehouse in which something is deposited for storage or safeguarding. It can refer to an organization, bank, or institution that holds securities and assists in the trading of securities.

This Question Belongs to Management >> International Finance And Treasury

Join The Discussion

Related Questions on International Finance and Treasury