explain the meaning of financial system?
aparnapathak601:
financial system is a system where the exchange of funds between financial participants and the borrowers
yes i know
so???
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Answer:
A financial system is a set of institutions, such as banks, insurance companies, and stock exchanges, that permit the exchange of funds. ... Borrowers, lenders, and investors exchange current funds to finance projects, either for consumption or productive investments, and to pursue a return on their financial assets.
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1
Answer:
it allows exchange funds between financial markets such as lenders
no it wrong
kk than sorry
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