Multiple Choice
The main role of financial intermediaries is to:
A) borrow funds from surplus units and lend them to borrowers.
B) provide advice to consumers on their finances.
C) provide funds for the government to cover budget deficits.
D) help ensure there are enough funds in circulation in a country.
Correct Answer:
Verified
Correct Answer:
Verified
Q23: An issue of debentures is an example
Q24: Which of the following borrowers would pay
Q25: As a broad generalisation,in the sectorial flow
Q26: Which of the following is NOT a
Q27: Which of the following is NOT true-a
Q29: The key reason for the existence of
Q30: Small savers prefer to use financial intermediaries
Q31: Financial intermediaries pool the funds of:<br>A) many
Q32: Investment banks are contractual organisations that make
Q33: From the viewpoint of a corporation,which source