GK
INSURANCE AWARENESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An organization such as a bank or insurance company that buys and sells large quantities of securities is called ____
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Giant
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Minor Investor
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Major Investor
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Institutional Investor
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Explanation:
Detailed explanation-1: -In other words, institutional investors are those market players that collect others’ corpora to buy and sell securities, like stocks, bonds, forex, foreign contracts, etc. They usually trade in large blocks of securities.
Detailed explanation-2: -Broadly speaking, there are six types of institutional investors: endowment funds, commercial banks, mutual funds, hedge funds, pension funds, and insurance companies.
Detailed explanation-3: -Institutional investors include public and private pension funds, insurance companies, savings institutions, closed-and open-end investment companies, endowments, and foundations.
There is 1 question to complete.