Question

what is the role of finance market in development of economy ​

Answer 1

Hence, foreign exchange markets impact the growth and goodwill of an economy in the international markets. Governments use the financial system to raise funds for both short term and long term fund requirements. Governments issue bonds and bills at attractive interest rates and also provide tax concessions.

Answer 2

Answer:

the financial system includes bank as a central entity along with other financial service providers.the financial system of a country is deeply entrenched in the society and provides employment to a large population .

1.credit provision

2.liquidity provision

3. risk management serives

Explanation: