File: Chapter 01 The Financial Services Industry: Depository Institutions Multiple Choice [QUESTION] A non-bank depository institution is also referred to as: A. Drift. B. Thrift. C. Phrift. D. Draft. Answer: B Level of difficulty: 1 [QUESTION] Which of the following statements is true? A. A non-bank depository institution is also referred to as drift. B. A non-bank depository institution meets the legal definition of a bank. C. A non-bank depository institution undertakes
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