Practicing Success
Practicing Success
CUET Preparation Today
| What is true of financial intermediation? |
The process by which allocation of funds is done is called financial intermediation. Banks and financial markets are competing intermediaries in the financial system Financial Intermediaries give households
a choice of where they want to place their savings All of the above |
| All of the above |
| The process by which allocation of funds is done is called financial intermediation. Banks and financial markets are competing intermediaries in the financial system, and give households a choice of where they want to place their savings. |
