Financial Awareness - Risk, Stability & Emerging Finance
Which of the following is a characteristic feature of banking business?
Which of the following is a characteristic feature of banking business?
medium Q6 of 15
Step-by-Step Solution
Step 1: Identify the core features of banking business
Accepting deposits and granting loans are fundamental characteristics of banking.Step 2: Analyze other options
Consultancy services, issuing shares, and manufacturing financial instruments are not core banking features.Final Answer:
Accepting deposits and granting loans → Option AQuick Check:
Banking business feature = deposits acceptance and loans granting ✅
Quick Trick: Focus on deposits and loans for banking features.
Common Mistakes:
- Confusing banking with advisory or capital market activities.
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