New Click here to Enroll in NaBFID Analyst Intro Class on May 6

    Question

    Which of the following is not covered under Financial

    Services?
    A Insurance Correct Answer Incorrect Answer
    B Venture Capital and Private Equity Correct Answer Incorrect Answer
    C Investment Services Correct Answer Incorrect Answer
    D Services offered by Indigenous bankers Correct Answer Incorrect Answer

    Solution

    Services offered by Indigenous bankers are not covered under Financial Services. Financial services typically include a wide range of activities related to the management, investment, and handling of money and financial assets. The options listed: Insurance - Covers the risk management and protection of individuals and entities against financial losses. Venture Capital and Private Equity - Involves providing capital and financial support to startups, growing companies, or projects in exchange for an ownership stake. Investment Services - Encompasses various services related to investment advice, portfolio management, and trading in financial instruments. However, "Services offered by Indigenous bankers" is not a typical category of financial services.

    Practice Next