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Question : Which of the following is not a type of financial intermediary?

Option 1: Commercial bank

Option 2: Investment bank

Option 3: Stock exchange

Option 4: Central bank


Team Careers360 16th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Central bank


Solution : The correct answer is (d) Central bank.

While central banks play a crucial role in the financial system and monetary policy, they are not typically considered financial intermediaries. Central banks are responsible for managing a country's money supply, formulating monetary policy, and maintaining financial stability, among other functions.

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