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1 FINANCE MCQS

Financial firms like mutual funds and insurance companies are also called ____________?

  • Insured financials
  • Guaranteed business
  • Credit business
  • Business financial
Correct Answer: D. Business financial

Detailed Explanation

Mutual funds and insurance companies are considered business financial institutions because they provide financial services to businesses and individuals, including investment management, insurance coverage, and other financial products. They are a major part of the financial services industry.

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