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Which of the following financial institutions cannot be found on the capital market of a...

Economics
WAEC 2016

Which of the following financial institutions cannot be found on the capital market of a country

  • A. commercial bank
  • B. mortgage bank
  • C. stock exchange
  • D. Agricultural bank
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Correct Answer: Option D
Explanation

Agricultural bank; a type of bank that lends money to farmers for longer periods of time and charges them less interest than other types of banks. they do not trade in the capital market

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