why every bank is a financial institution but not any financial institution is a bank? True or false write with a reason
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Answer:true because bank can be a financial institution but an financial institution can not be a bank. understand this by this example- there are many coaching institutes for iit jee and neet aiims but the coaching institute is not iit or a college but a college or iit can be a coaching institute for many.
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galav99:
excellent answer
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