Multiple Choice
Which of the following are functions of a financial system?
1) The operation of a payments system.
2) Providing the means of portfolio adjustment.
3) Helping to reduce unemployment.
4) Channelling funds between lenders and borrowers.
5) Helping speculators to bet on price movements.
A) 1 and 5
B) 2, 3 and 5
C) 1, 2 and 4
D) 2 to 5
Correct Answer:
Verified
Correct Answer:
Verified
Q1: In primary markets, the property of shares
Q2: In foreign financial markets, the growth is
Q3: In indirect finance:<br>A)lenders loan to borrowers.<br>B)an institution
Q5: The stocks or shares that are sold
Q6: The public debt of a country is
Q7: The sale of government bonds overseas:<br>A)causes a
Q8: The money market where debt and stocks
Q9: Statutory regulation is likely to create larger
Q10: The transaction cost of trading of financial
Q11: Moral hazard caused by regulation can only