Business Studies, asked by nagavamsi1000, 1 year ago

Explain Financial system ?

Answers

Answered by muskan603
3
HEY MATE YOUR ANSWER IS HERE !!!!

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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Answered by Anonymous
0
HERE UR ANSWER.

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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