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Q:

The primary Economic function of the Financial system is to

A) Providing experts advice to investors and savers B) Match one person's savings with another person's investment
C) Keeping interest rates low D) Match one person's consumpion expenditure with another person's capital expenditure

Answer:   B) Match one person's savings with another person's investment



Explanation:

The primary Economic function of the Financial system is to match one person's savings with another person's investment.

 

The_primary_Economic_function_of_the_Financial_system_is_to1556258311.png image

 

* As a key component of the financial system, banks allocate funds from savers to borrowers in an efficient manner.

* They provide specialized financial services, which reduce the cost of obtaining information about both savings and borrowing opportunities.

* These financial services help to make the overall economy more efficient.

Subject: Bank Interview
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst
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A debit can signify an increase in asset, an expense, and the owner's drawings. A debit can also signify a decrease in a liability, revenues and owner's equity.

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