Financial intermediaries include all of the following EXCEPT:
A) commercial banks.
B) insurance companies.
C) pension funds.
D) check cashing centers.

Question

Quizplus · Accepted Answer

The other options (commercial banks, insurance companies, and pension funds) are all examples of financial intermediaries, as they act as middlemen between borrowers and lenders by pooling and investing funds on behalf of individuals and institutions. Check cashing centers, on the other hand, do not engage in the same activities and are not considered financial intermediaries.

Financial Intermediaries Include All of the Following EXCEPT