Q666
Which of the following can be described as the important functions of financial system? 1. It enables the pooling of funds for setting up large scale enterprises. 2. It provides a way for managing risk and uncertainry. 3. It provides a mechanism for spatial and temporal transfer of resources. 4. It generates information that helps in coordinating decentralized decision-making.
A.
1, 2 and 3
B.
Only 1
C.
Both 2 and 3
D.
1, 2, 3 and 4
AnswerAnswer: Option D
Solution
Answer: Option D
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