Question

"Intermediaries developed in our country over a period of time " explain the statement

Answer 1

sorry j don't no I will cheek and tell

Answer 2

Intermediaries have been developed because of increase in business activities.  

Explanation:

Intermediaries are the middleman between two parties of financial transaction. There are various benefits have been provided by the intermediaries service providers such as

• Managing investment activities
• Financial intermediaries
• Banking activities
• Providing insurance etc.

There are two kinds of financial intermediaries these are

1. Financial intermediaries

• Such intermediaries are indulged in financing activities.  

3. Non-financial intermediaries

• Such intermediaries are indulged in non-financial activities such as providing serviceability and selling activities.