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Questions and Answers
What does the financial system refer to?
What does the financial system refer to?
- Borrowing and lending of funds by individuals, institutions, companies, and governments (correct)
- Only the borrowing and lending of funds
- Demand for funds by governments
- Supply of funds for individuals and companies
What are the three main components that the financial system covers?
What are the three main components that the financial system covers?
- Financial assets, international markets, and financial laws
- Assets, markets, and intermediaries (correct)
- Financial intermedia, laws, and regulations
- Financial laws, regulations, and bodies
In developing countries, what do financial systems suffer from?
In developing countries, what do financial systems suffer from?
- High level of organization and financial deepening
- Modern financial services and regulations
- Lack of awareness of the importance of financial systems (correct)
- Soundness, reliability, and stability
What is proposed by governments all over the world to assure the soundness and stability of their financial system?
What is proposed by governments all over the world to assure the soundness and stability of their financial system?
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What critical role does the regulatory framework of the financial system perform?
What critical role does the regulatory framework of the financial system perform?
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