Elements of Banking and Finance Quiz

A collection of financial terms and definitions used in the industry

A set of institutions, instruments, and markets that facilitate savings and efficient allocation of funds (correct)

A network of financial intermediaries that provide loans to borrowers

A platform for economic actors to exchange goods and services

Suppliers of funds (correct)

Facilitators of transactions

Demanders of funds

Regulators of financial markets

Financial intermediaries

Units with a shortage of funds (correct)

Units with excess funds

Regulators of financial markets

<p>To foster savings and direct funds to their most efficient use</p> Signup and view all the answers

<p>To serve as a meeting place for transactions between borrowers and lenders</p> Signup and view all the answers