Question

_____ are financial intermediaries that obtain funds by accepting checking and savings deposits from individuals, businesses, and other institutions, and then lending those funds to borrowers.

a. Common markets
b. Depository institutions
c. Investment banks
d. Securities brokers

Answer 1

Option "B" is the correct answer to the following statement.

Depository Institutions

Step-by-step explanation:

Depository Institutions are a type of organization that collects money from the people in the form of their saving or investment.

• Depository Institution Invest this money in the form of loan or long term loan to the other business and institutions.

However, Credit societies are not included in Depository Institutions.