All of the following are examples of financial intermediaries except:
A) commercial banks.
B) stock exchanges.
C) pension funds.
D) insurance companies.

Question

Quizplus · Accepted Answer

Financial intermediaries are institutions that act as middlemen between savers and borrowers, providing services such as pooling and managing funds, providing credit and insurance, and facilitating investment. Commercial banks, pension funds, and insurance companies are all examples of financial intermediaries. Stock exchanges, however, are not financial intermediaries, but rather marketplaces where securities are bought and sold.

All of the Following Are Examples of Financial Intermediaries Except