components of banking syestem
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Explanation:
. Central Banks. Central banks are the financial institutions responsible for the oversight and management of all other banks.
. Internet Banks.
. Credit Unions.
. Investment Banks and Companies.
. Brokerage Firms.
. Insurance Companies.
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Answer:
Five Basic Components of Financial System
Financial Institutions.
Financial Markets.
Financial Instruments (Assets or Securities)
Financial Services.
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