An intermediary between the investor 2 points
and depository is
O
SEBI
DP
an agent
Answers
Answered by
0
SEBI an agent is your answer
Answered by
2
Answer:
an agend
Explanation:
Financial intermediaries move funds from parties with excess capital to parties needing funds. The process creates efficient markets and lowers the cost of conducting business. For example, a financial advisor connects with clients through purchasing insurance, stocks, bonds, real estate, and other assets. Banks connect borrowers and lenders by providing capital from other financial institutions and from the Federal Reserve. Insurance companies collect premiums for policies and provide policy benefits. A pension fund collects funds on behalf of members and distributes payments to pensioners.
Similar questions