πŸ“Š Banking and Finance
Q. A bank is a financial intermediary because
  • (A) it acts as the broker between depositor and borrower
  • (B) it acts as the link between the savers and the borrowers
  • (C) it is in the finance industry
  • (D) it is in the intermediary industry
πŸ’¬ Discuss
βœ… Correct Answer: (B) it acts as the link between the savers and the borrowers

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