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Building societies are primarily involved in:
  • a)
    Granting short-term loans to businesses
  • b)
    Providing insurance services to individuals
  • c)
    Accepting deposits and providing mortgage loans
  • d)
    Regulating the stock market
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Building societies are primarily involved in:a)Granting short-term loa...
Building societies accept deposits and primarily provide mortgage loans for purchasing homes.
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Building societies are primarily involved in:a)Granting short-term loans to businessesb)Providing insurance services to individualsc)Accepting deposits and providing mortgage loansd)Regulating the stock marketCorrect answer is option 'C'. Can you explain this answer?
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