B. Credit intermediation involving entities and activities outside the regular banking system
C. Only central-bank operations
D. Only informal moneylenders in rural areas
Answer: Option B
Solution (By JKSSB Mock Tests)
Shadow banking comprises non-bank financial intermediaries and activities that perform bank-like functions—maturity, credit and liquidity transformation—but operate with less regulation and without direct access to central-bank liquidity.
No comments yet. Be the first to start the discussion!