A banking system in which banks provide a wide variety of financial services, including both commercial and investment service is called __________.

Universal Banking

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Shore Banking

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Code Banking

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Wide Banking

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None of these

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Solution

The correct option is A Universal Banking
Universal banking is a banking system in which banks provide a wide variety of financial services, including commercial and investment services.

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A banking system in which banks provide a wide variety of financial services, including both commercial and investment service is called __________.

The correct option is A Universal BankingUniversal banking is a banking system in which banks provide a wide variety of financial services, including commercial and investment services.

The correct option is A Universal Banking
Universal banking is a banking system in which banks provide a wide variety of financial services, including commercial and investment services.