Question

The financial system consists of? 

a)Specialised & non-specialised FIs
b)Organised & unorganised FMs
c)Financial Instruments
d)All of the above​

Answer 1

Answer:

D

Explanation:

A financial system consists of institutional units and markets that interact, typically in a complex manner, for the purpose of mobilizing funds for investment, and providing facilities, including payment systems, for the financing of commercial activity.