Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Which of the following is NOT considered a financial intermediary?
Which of the following is NOT considered a financial intermediary?
- Commercial banks
- Building societies
- Stock exchanges (correct)
- Credit unions
What is the role of the central bank in the financial sector?
What is the role of the central bank in the financial sector?
- Being at the apex of the sector (correct)
- Acting as a link between spenders and savers
- Conducting money transactions
- Providing finance to individuals, firms, and government
Which of the following is NOT part of the financial sector?
Which of the following is NOT part of the financial sector?
- Manufacturing companies (correct)
- Insurance companies
- Development banks
- Non-bank financial institutions
What is the main function of financial intermediaries?
What is the main function of financial intermediaries?
Signup and view all the answers
