Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. 1. what is the role of banks in promoting the flow

1. What is the role of banks in promoting the flow of funds? 2. What is...

60.2K

Verified Solution

Question

Finance

1. What is the role of banks in promoting the flow of funds?

2. What is the role of banks in promoting the financial system’sefficient operation and development?

Answer & Explanation Solved by verified expert
3.7 Ratings (354 Votes)
Answer1 Banks Banks are the financial institutions that accept deposits and lend money They provide multiple financial services and products Role of banks in promoting the flow of funds Banks make the transfer of funds easy and fast you can pay the    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

1. What is the role of banks in promoting the flow of funds?2. What is the role of banks in promoting the financial system’sefficient operation and development?

Other questions asked by students

Q

Watch following documentary and write your reaction to it SIGMUND FREUD - THE FATHER OF PSYCHOANALYSIS...

Psychology
Q

The cells of the stomach that secrete a protein digesting enzyme are . the chief...

Biology
Q

What are the two serological tests that we used to test for COVID 19 PCR...

Biology
Q

Pepperoni, green olives, black olives, tomatoes, green peppers, bacon, and hamburger are topping selections for...

Basic Math
Q

Sean kicks a soccer ball with an initial velocity of 70 ft/sec at an angle...

Algebra
Q

Which is the common ratio of the indicated geometric sequenc 01 a 30 a 3...

Algebra
Q

Modules and Integration Payroll & Fixed Assets B Update FA cards manually E Fixed Asset...

Accounting
Q

For the following errors, indicate the net effect on 12/31/26 Working Capital and 2026 Net...

Accounting
Q

When the if-converted assumption for potentially diluted securities is considered in the calculation of diluted...

Accounting
Q

Rohan Corporation holds assets with a fair value of $150,000 and a book value of...

Accounting
Q

Please select all that apply Consider a firm in the DC that sells it...

Finance
Q

Carol works as a business representative for an import/export company. Her job provides her with...

Finance