Question

what is the function of financial organization
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Answer 1

Explanation:

The financial institutions provide loans and advances to the customers. The rate of return is very high in case of investment made in this type of institution. It also gives a high rated consultancy to the customers for their beneficial investments.

Answer 2

Answer:

The primary role of financial institutions is to provide liquidity to the economy and permit a higher level of economic activity than would otherwise be possible. According to the Brookings Institute, banks accomplish this in three main ways: offering credit, managing markets and pooling risk among consumers.

Explanation:

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