Answer-<p>What is Shadow Banking?&nbsp; <strong></strong></p>

Shadow banking system refers to the financial intermediaries involved in facilitating the creation of credit but these are not subject to regulatory oversight. E.g. Hedge funds, unlisted derivatives and other instruments.

Question

What is Shadow Banking?

A Foreign banks replicating operations of domestic banks for business expansion

B Banking system overpowering the economic system

C Financial Intermediation which is out of regulatory oversight

D Small banks making more transactions cumulatively than large banks

E None of the above

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