Explain Financial system ?
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A financial system (within the scope offinance) is a system that allows the exchange of funds between lenders, investors, and borrowers. Financial systems operate at national, global, and firm-specific levels. ... Money, credit, and finance are used as medium of exchange in financial systems.
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A financial system (within the scope offinance) is a system that allows the exchange of funds between lenders, investors, and borrowers. Financial systems operate at national, global, and firm-specific levels. ... Money, credit, and finance are used as medium of exchange in financial systems.
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To run any business Enterprises ,finance is the most important .In the absence of adequate finance neither a business can be conducted in an efficient manner know it is possible to expand it.
Finances the lifeblood of an enterprise .
FEATURE OF FINANCE:
-Business is generally of two types the manufacturing and trading finance is necessary for both types of business.
- size of business depends on the availability of the Finance .The more the availability of money the larger the size of business .
-business virus is a wider term it include the estimate of the file is required arrangement of this finance and its proper utilisation.
To run any business Enterprises ,finance is the most important .In the absence of adequate finance neither a business can be conducted in an efficient manner know it is possible to expand it.
Finances the lifeblood of an enterprise .
FEATURE OF FINANCE:
-Business is generally of two types the manufacturing and trading finance is necessary for both types of business.
- size of business depends on the availability of the Finance .The more the availability of money the larger the size of business .
-business virus is a wider term it include the estimate of the file is required arrangement of this finance and its proper utilisation.
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