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Merchant Banking is an institution which provides finances to :
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- domestic whole sale trade
- international trade among countries
- domestic retail trade among
- international aid agencies.
- domestic whole sale trade
Correct Option: B
A merchant bank is a financial institution which provides capital to companies in the form of share ownership instead of loans. It is a bank that deals mostly in (but is not limited to) international finance, long-term loans for companies and underwriting. Merchant banks do not provide regular banking services to the general public.
