2-61 Which of the following FIs does not provide a business lending function?

Question

Quizplus · Accepted Answer

Mutual funds typically do not provide business lending functions. They primarily invest in securities, such as stocks and bonds, on behalf of their investors. Depository institutions, finance companies, and insurance companies are some of the FIs that commonly provide business lending functions. Pension funds, while they may not directly provide lending, may indirectly impact lending by investing in debt securities issued by businesses.

2-61 Which of the Following FIs Does Not Provide a Business