Which of the following is not a characteristic of the banking system in the 2000s?
A)Geographic barriers to the provision of financial services are disappearing.
B)FIs are more automated.
C)Securitization is decreasing.
D)FIs are becoming less specialized.

Question

Quizplus · Accepted Answer

Securitization is actually increasing in the 2000s, with more and more financial assets being turned into marketable securities. Therefore, choice C is the only option that is not a characteristic of the banking system in the 2000s.

Which of the Following Is Not a Characteristic of the Banking