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      Question

      Corporate Governance is more important in financial

      institution. Which of the following statement doesn’t provide strong reason for this?
      A Financial institutions, especially banks, deal in people’s savings Correct Answer Incorrect Answer
      B Financial institutions are central to economic activity Correct Answer Incorrect Answer
      C Financial institutions operate on a higher leverage Correct Answer Incorrect Answer
      D Financial institutions transmit monetary policy and participate in the payment and settlement systems. Correct Answer Incorrect Answer
      E Financial Institutions employ large number of people Correct Answer Incorrect Answer

      Solution

      Many company employs large number of people that is not the uniqueness of financial institutions. Software companies like TCS, Infosys and Accenture employ more people than in most of the banks.

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