Correct option is C
The correct answer is option (C) Banking Institutions
- Banking institutions play a key role in supporting financial activities such as stock trading, investments, deposits, funding initiatives, and loan remittances.
- They facilitate the movement of funds, provide financial services like savings accounts and loans, and offer investment opportunities.
- Banks also provide infrastructure for stock trading by partnering with stock exchanges, providing trading accounts, and facilitating remittance of funds.
Information Booster :-
- Brokerage firms - While brokerage firms are essential for stock trading and investment activities, they do not cover the broader spectrum of financial infrastructure, such as funding initiatives or loan remittances.
- Insurance sectors - Insurance companies primarily deal with risk management and provide financial protection products, rather than the full spectrum of financial services like those provided by banks.
- Asset Management Companies (AMC) - AMCs manage investments like mutual funds and portfolios but do not offer the full range of financial services such as banking, lending, or deposits.