Financial Markets Fundamentals Quiz

The role of a well-developed financial system is to accelerate the rate of economic development, improve the general standard of living, and increase social welfare.

The financial system consists of complex and closely connected or intermixed institutions, agents, practices, markets, transactions, claims, and liabilities in the economy. It consists of specialized and non-specialized institutions.

A financial system can contribute materially to the economic development of a country by mobilizing savings and investment, establishing a link between savers and investors, and increasing the volume and rate of savings.

<p>The function of a financial system is to establish a link between the savers and the investors, thereby helping the mobilization of savings and investments.</p> Signup and view all the answers

<p>Procedures and practices adopted in the financial markets are considered a part of the financial system as they directly contribute to the mobilization of savings and investments and help increase the volume and rate of savings.</p> Signup and view all the answers

<p>A well-developed financial system can contribute materially to the economic development of a country by accelerating the rate of economic development, improving the general standard of living, and increasing social welfare.</p> Signup and view all the answers

<p>The function of a financial system is to establish a link between savers and investors, thereby helping the mobilization of savings and investments.</p> Signup and view all the answers

<p>A financial system directly helps to increase the volume and rate of savings by supplying diversification and investment opportunities.</p> Signup and view all the answers

<p>The financial system consists of complex and closely connected or intermixed institutions, agents, practices, markets, transactions, claims, and liabilities, including specialized and non-specialized institutions.</p> Signup and view all the answers

<p>The financial system contributes to economic development by accelerating the rate of economic development, improving the general standard of living, and increasing social welfare through the mobilization of savings and investment.</p> Signup and view all the answers