The Following Are the Main Characteristics of Financial Intermediaries Except

question 31

Multiple Choice

The following are the main characteristics of financial intermediaries except:
i.they raise money from investors; II) they invest in financial assets; III) they mainly invest in real assets

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

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Definitions:

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.

Liability

The state of being responsible for something, especially in terms of legal or financial obligations.

Aadhaar

A 12-digit unique identity number issued by the Indian government to residents based on their biometric and demographic data.

Insurance Programs

Schemes offered by companies or governments to provide financial protection and risk management for individuals, properties, and liabilities.