Which of the following is NOT among the financial institutions in Nigeria?
ECONOMICS
JAMB 2016
Which of the following is NOT among the financial institutions in Nigeria?
- A. Federal Mortgage Bank
- B. Microfinance Banks
- C. Insurance Banks
- D. Federal Ministry of Finance
Correct Answer: D. Federal Ministry of Finance
Explanation
The major categories of financial institutions include central banks, retail and commercial banks, internet banks, credit unions, savings, and loans associations, investment banks, investment companies, brokerage firms, insurance companies, and mortgage companies.
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