?
Services provided by financial institutions as providing financing to any specific sector of economy such as real estate business are classified as
Answer & Solution
Correct Answer:
Option
D
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.
Join the Discussion
Login to post a comment or share your explanation.
Login