BANKING AFFAIRS

Detailed explanation-1: -Financial service companies excludes which of the following? Notes: A sole proprietorship, also known as the sole trader, individual entrepreneurship or proprietorship, is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity.

Detailed explanation-2: -Expert-Verified Answer Functions of financial services exclude Specialised services. The function of financial services is to use the funds of the company in such a way that the maximum possible utility is achieved.

Detailed explanation-3: -Types of Financial Services Companies Investment banking firms. Money managers. Brokerage houses. Banks.

Detailed explanation-4: -The financial services sector provides financial services to people and corporations. This segment of the economy is made up of a variety of financial firms including banks, investment houses, lenders, finance companies, real estate brokers, and insurance companies.