The Following Functions, Provided by Financial Intermediaries, Enable the Smooth

question 61

Multiple Choice

The following functions, provided by financial intermediaries, enable the smooth functioning of the economy:
I.processing of payments;
II.borrowing and lending;
III.pooling risks

• A)I only
• B)I and II only
• C)I, II, and III
• D)III only

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Definitions:

Social Problems

Issues within a society that affect individuals, communities, or the society at large adversely.

Anticipate Social Problems

The act of foreseeing and identifying potential societal issues before they occur to mitigate or avoid negative impacts.

Regulatory Solution

A method implemented by a government or an authority to control or manage issues through regulations.

Removed Only for Cause

A principle that an individual cannot be removed from their position without justifiable reasons.