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1 FINANCE MCQS

The depository institutions include __________?

  • Mutual funds
  • Commercial banks and thrifts
  • Savings banks
  • Credit unions
Correct Answer: B. Commercial banks and thrifts

Detailed Explanation

Depository institutions are financial institutions that accept deposits from the public and provide loans. They include commercial banks, savings banks, thrifts, and credit unions. Among the given options, the most accurate and inclusive choice is commercial banks and thrifts, as they represent primary depository institutions.

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