The Main Role of Financial Intermediaries Is To

question 28

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.

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Definitions:

Drawbar

The device used to connect a trailer tongue to either a pintle hook or a ball hitch.

Pintle Hook

A type of towing hitch used to connect trailers or other towable equipment to a vehicle or equipment, characterized by a hook-and-loop configuration.

Fiber Reinforced Plywood (FRP)

A composite material made by reinforcing plywood with fibers to enhance its strength and durability.

Trailer Construction

The process or methodology of building structures designed to be pulled behind a vehicle, often involving the assembly of chassis, body, and components.