Question

Banks are authorized to sell third party products. Which are these products?

Q: Answer-Banks are authorized to sell third party products. Which are these products?

Banks act as agents for Asset Management Companies AMCs to distribute different types of mutual fund schemes equity, debt, hybrid, etc. to their customers, allowing for investment diversification.

A Mutual funds

B Term deposits

C Credit cards

D Gift cheques

E None of these

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Banks are authorized to sell third party products. Which are these products?

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