Question

aim of financial institution​

Answer 1

Answer:

Improve records management.

Know and wow your members and customers.quicker service.

Answer 2

Answer:

Explanation:

Financial Institution - These are privately and publicly working bodies that help to maintain the flow of money in the Economy to regulate it's working conditions and make an application for better growth and expansion in money matters.

Aim of Financial Institution -

• Accepting funds from the general public and business firms saving.

• Channelising of funds as given loans and credit also accepts as funds.

• Regulate the money flow in the Economy to avoid conditions like boon or boom.

• Issuing of new notes.

• Help the public and business to invest smartly.

•Creating money from money.

•Removes the concentration of money from households and invests in the business.