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    Exam 3: The Organization and Structure of Banking and the Financial-Services Industry
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    When Different Financial Service Providers Offer a Similar Range of Services
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When Different Financial Service Providers Offer a Similar Range of Services

Question 31

Question 31

Multiple Choice

When different financial service providers offer a similar range of services including banking,insurance and securities services,it is known as:


A) consolidation.
B) convergence.
C) economies of scale.
D) e-efficiencies.
E) None of the options are correct.

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