Question : Which of the following functions of a financial system? Can
Which of the following are functions of a financial system? Can be more than one.
1. The operation of a payment system
2. Providing the means of portfolio adjustment
3. Helping to reduce unemployment
4. Channelizing funds between lenders and borrowers
5. Helping speculators to bet on price movements
I'm pretty sure 1, 2 and 4 are the answers.