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.

Related MCQs

• In financial markets, lenders typically have inferior information about potential returns and risks associated with any investment project. This difference in information is called
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• Which of the following actions might you expect lenders to take during periods of variable and unpredictable inflation?
• Type of swaps in which fixed payments of interest are exchanged by two counterparties for floating payments of interest are called
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• Which financial body has asked intermediaries and companies to make regulatory payments in digital mode?