Which of the followings is not an approach to the structure of Indian Financial system?

(A) A brokerage can be either full service or discount

(B) The financial system is concerned about money, credit and finance, the three terms are intimately related yet are some what different from each other

(C) Housing finance simply refers to providing finance for venture capital

(D) Financial instruments may also be divided according to asset class, which depends on whether they are debt-based or equity based

Choose the correct answer from the options given below:

1
(A), (C) and (D) only
2
(B) and (D) only
3
(C) only
4
(A) and (C) only

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