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  3. 12th Class
  4. Economics
  5. Money And Banking

12th Class Economics Money And Banking Question Bank MCQs - Money and Banking

  • question_answer
    'All financial institutions are banking institutions.'                                                                 (CBSE 2020, Modified)

    A) True

    B) False

    C) Partially true

    D) Can't be predicted

    Correct Answer: B

    Solution :

    Not all financial institutions are banks, there are non-banking financial institutions also like LIC.


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