Question

____ maintain a larger amount of assets in aggregate than the other types of depository institutions.

Answer 1

Depository Institutions are the institutions that obtain funds by accepting deposits from the public at large. They accept funds and the public and pay fixed or variable rate of interest on the amount deposited.

The various types of Depository Institutions are

i) Commercial Banks

ii) Savings Bank

iii) Credit Unions

iv) Savings and Loan associations

As per the asked question, Commercial Banks maintain a larger amount of assets in aggregate than the other types of depository institutions.

So the correct answer is Commercial banks.

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