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Which of the Following Functions Are Performed by Depository Institutions

question 485

Multiple Choice

Which of the following functions are performed by depository institutions?
I. They make long-term loans using short-term deposits, thereby creating liquidity.
II. They efficiently gather funds from a large base of depositors.
III. They concentrate risk.


Definitions:

Scientific Contribution

The addition of knowledge, findings, or innovations to a specific field or discipline by a researcher or group of researchers.

Charles Darwin

A British naturalist, who is best known for his contributions to the theory of evolution and his proposal of natural selection as a mechanism for evolution.

Alfred Russel Wallace

A British naturalist, explorer, geographer, and biologist known for independently conceiving the theory of evolution through natural selection.

Seventeenth and Eighteenth Centuries

A period in history that marks significant developments in society, culture, and science between the years 1601 and 1800.

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