When Different Financial Service Providers Offer a Similar Range of Services

question 31

Multiple Choice

When different financial service providers offer a similar range of services including banking,insurance and securities services,it is known as:

• A)consolidation.
• B)convergence.
• C)economies of scale.
• D)e-efficiencies.
• E)None of the options are correct.

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Definitions:

Angiotensin II

A potent vasoconstrictor involved in blood pressure regulation and fluid balance, formed from angiotensin I through the action of ACE.

Renin Release

The action of the kidneys releasing the enzyme renin into the bloodstream, which plays a crucial role in blood pressure regulation.

Vasodilator Secretion

The release of substances from cells that cause the dilation of blood vessels, increasing blood flow.

Blood Volume

The total amount of blood circulating within an individual's vascular system at any given time.