Services provided by financial institutions as providing financing to any specific sector of economy such as real estate business are classified as
A. business allocation
B. sector allocation
C. economic allocation
D. credit allocation
Answer: Option D
Solution (By Examveda Team)
Services provided by financial institutions as providing financing to any specific sector of economy such as real estate business are classified as credit allocation. The financing (credit) which a bank or financial institution (FI) provides for particular sectors of the economy, such as small businesses, farming, services, residential real estate, etc.This Question Belongs to Management >> International Finance And Treasury
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