Which of the following activities does not form a part of the functions of a well-established banking company?
A
Liquidity Management
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B
Forex Management
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C
Outsourcing backroom operations
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D
Enhancing/Forecasting/Monitoring cash flow
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Solution
The correct option is B Forex Management Forex management refers to the management of foreign exchange reserves. It is mainly performed by central bank. Thus, forex management does not form a part of the functions of a well-established banking company.