BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A pension fund
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A newspaper publisher
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A commercial bank
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An insurance company
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Detailed explanation-1: -Central banks, commercial banks, investment entities, credit unions, thrift institutions, insurance companies, etc., are some of the widely available financial institution types. They also offer consultation services to consumers who seek advice on the pros and cons of making a particular investment.
Detailed explanation-2: -Non-banking financial institutions include insurance companies, investment banks, and mutual funds such as the SBI Mutual Fund. Q. Which of the following is a non-banking financial institution?
Detailed explanation-3: -WTO institutions cannot be included in the international financial and monetary system. The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations.