Home › CBSE Class 12 (Commerce) › Business Studies › Financial Markets › Which participant belongs to the non-depository …
Which participant belongs to the non-depository part of financial markets?
ASavings bank
BInsurance company
CCommercial bank
DCredit union
Answer & Solution
Correct answer: B. Insurance company
Mutual funds, insurance firms, pension funds and brokerages do not take deposits, so they are non-depository players.
Related questions
Federal funds are usually lent for what period?A deposit in U.S. dollars at a bank outside the United States is called what?A developed money market lets banks avoid borrowing from where in an emergency?Banks raise funds for lending by taking what from savers?Which is a division of the capital market?After an IPO, shares traded freely in the open market are known as what?An IPO is typically underwritten by whom?Market capitalization is share price multiplied by what?