Which of the Following FIs Does Not Currently Provide a Payment

question 92

Multiple Choice

Which of the following FIs does not currently provide a payment function for their customers?

• A)Depository institutions.
• B)Insurance companies.
• C)Finance companies.
• D)Pension funds.

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Definitions:

Comprehensives

Broad educational schools in the UK that do not select students based on academic achievement or aptitude, aiming to provide a comprehensive education for all.

Affluent Families

Households with significant wealth and resources, impacting their lifestyle and opportunities.

Socioeconomic Status

A combined measure that typically includes an individual’s economic, social, and work status, reflected by income, education, and occupation.

Infant-Directed Speech

A type of speech characterized by a higher pitch, slower rate, and exaggerated intonation, used when talking to infants.