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ICMA Securities Operations Foundation Qualification (SOFQ) SOFQ Question # 3 Topic 1 Discussion

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ICMA Securities Operations Foundation Qualification (SOFQ) SOFQ Question # 3 Topic 1 Discussion

SOFQ Exam Topic 1 Question 3 Discussion:
Question #: 3
Topic #: 1

The type of organisation that specializes in deposit-taking and cash loans is known as a:
A.

Mutual fund

B.

Commercial bank

C.

Investment bank

D.

Private bank

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Actual exam question for ICMA SOFQ exam by Echo42102 at Aug 3, 2025, 12:00:00 AM

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