Which of the Following Statements Is/are Correct About Financial Intermediaries

question 27

Multiple Choice

Which of the following statements is/are correct about financial intermediaries?

• A)Only statement I is correct.
• B)Only statement II is correct.
• C)Both statements I and II are correct.
• D)Neither statement I nor II is correct.

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Definitions:

Hot-Air Balloon

A lighter-than-air aircraft consisting of a bag, known as an envelope, which contains heated air, and a gondola or basket for carrying passengers.

Digitally Altered

Images or sounds that have been modified using digital technology.

Misinformation Effect

A memory distortion phenomenon where post-event information interferes with the memory of the original event.

Elizabeth Loftus

A cognitive psychologist known for her work on the malleability of human memory and the misinformation effect.