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Question

____________ is a financial institution which engages in underwriting and business loans, serving mainly to the requirements of large enterprises and individuals owning high value assets.

A
Prosper bank
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B
Middle Bank
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C
Facsimile bank
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D
Trench bank
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E
Merchant Bank
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Solution

The correct option is E Merchant Bank
A Merchant Bank is a financial institution which engages in underwriting and business loans, serving mainly to the requirements of large enterprises and individuals owning high value assets.

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