How Financial System promotes economic efficiency List down-00181
This subjective question is related to the book/course
vu cs001 Computer Proficiency License .
It can also be found in
vu cs001 Mid Term Solved Past Paper No. 3.
Question 1: How Financial System promotes economic efficiency. List down points.
Answer:
- They provide the channel for transfer of funds between saver and borrowers
- provide risk sharing like insurance
- provide payments like bank accounts
- Help those people which do not have enough capital to use profitable opportunity.
