Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Cash Flow Statement

Question:
Bank and mutual fund companies are which type of company?
Options:
Real estate company
Finance companies
Manufacturing Company
None of these
Correct Answer:
Finance companies
Explanation:
Financial services provided by finance companies include insurance, housing financing, mutual funds, credit reporting, debt collection, stock broking, portfolio management, and investment advisory.