Which of the following is not a common feature of a financial institution?

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Which of the following is not a common feature of a financial institution?

Which of the following is not a common feature of a financial institution?

1. Access to ATM

2. Access to Investment Products

3. Direct Deposit

Answer:

The correct answer would be option C, Access to investment products.

Explanation:

Financial Institutions are usually the Banks in all countries. Banks provide financial facilities to clients. The most common functions or features of a bank or financial institution are to provide accounts to people to deposit their money, Give them checkbooks to withdraw their money and do other financial things, Access to ATMs, and many more. But access to investment products is usually not a common feature of any bank. Banks usually do not provide access to the investment products. So option C is the correct answer.

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