The function of a financial system is to
A)establish a link between savers and investors
B)link commercial banks with the Central Bank of a country
C)create regulators for influencing the intermediaries
D)help traders and moneylenders in the capital market

Question

Quizplus · Accepted Answer

The primary function of a financial system is to facilitate the channeling of funds from savers, who have surplus funds, to investors, who require funds for various investments. This process helps in the efficient allocation of resources and supports economic growth.

The Function of a Financial System Is to