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Financial Markets and institution

Question 9 -- 0.5 is an account offered by a securities firm, much like a bank deposit. A underwriting account 1 cash managem
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Answer #1

Solution :- The Correct answer is (2) that is Cash Management account

A Cash Management Account is an account offered by a securities firm, much like a bank deposit.

This is the account which is used to manage transactions of cash through single portal which is held with a financial institutions.

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