Question

2. What are the roles of the financial institution, financial instrument and financial market
in the well-being of the country (Philippines)? ​

Answer 1

Answer:

Functions of Financial Institutions The principal function of financial institutions is to collect funds from the investors and direct the funds to various financial services providers in search for those funds. ... Security Exchanges: Security exchanges facilitate trading of stock or bond among investors

Answer 2

In this question, we are asked to write about the roles played by a financial institution, financial instruments, and the financial market.

• Financial institutions collect funds from the investors who are willing to invest and channel these funds to various financial services.
• Financial instruments are intangible assets that provide benefits in the future in the form of cash.
• Financial market is a place where all the financial assets are being sold and purchased, in short, it is a place where financial assets are traded.
• These play a very important role in a country's wealth as they trade financial assets which reduce as well as increase the flow of cash.

PROJECT CODE # SPJ3

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