Question

What are the main functions of finance system?​

Answer 1

Explanation:

Functions of Financial System, Functions of Financial Market

Pooling of Funds,

Capital Formation,

Facilitates Payment,

Provides Liquidity,

Short and Long Term Needs,

Risk Function,

Better Decisions,

Finances Government Needs,

Answer 2

Answer:

A modern financial system may include banks (public sector or private sector), financial markets, financial instruments, and financial services. Financial systems allow funds to be allocated, invested, or moved between economic sectors. They enable individuals and companies to share the associated risks