Briefly describe the various facilities provided by local institutions – InterviewSolution

1.	Briefly describe the various facilities provided by local institutions.explain.
Answer» tion:A FINANCIAL institution (FI) is a company engaged in the business of dealing with financial and monetary transactions such as deposits, loans, INVESTMENTS, and currency exchange. Financial institutions encompass a BROAD range of business operations within the financial services sector including banks, trust COMPANIES, insurance companies, brokerage firms, and investment dealers. Virtually everyone living in a developed economy has an ongoing or at least periodic NEED for the services of financial institutions.

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