Business Studies, asked by sharan5828, 9 months ago

Discuss the role of financial intermediaries in the financial system

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Answered by roshniisharmaa97
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Answer:

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.

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