Which is not an example of a financial institution for consumers?Question 28Select one:a.insurance companiesb.central banksc.banksd.credit cooperatives
Question
Solution 1
The correct answer is b. Central Banks. Central banks are not a financial institution for consumers. They are responsible for managing a state's currency, money supply, and interest rates. They do not offer banking services to individual consumers. They oversee the commercial banking system of their Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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