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

1.) What is the role of banks in providing opportunities for participants in the financial system...

70.2K

Verified Solution

Question

Finance

1.) What is the role of banks in providing opportunities forparticipants in the financial system to manage the risks theyface?

2.) What is the role of banks in arranging the settlement ofcommercial transactions

Answer & Explanation Solved by verified expert
4.0 Ratings (783 Votes)
1 Bank is a financial institution that primarily deals with taking deposits of money and giving loansApart from this banks also help in managing risks The individuals have risk with the money that they possess So banks take deposits from them so that it can be kept safe and secure 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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

1.) What is the role of banks in providing opportunities forparticipants in the financial system to manage the risks theyface?2.) What is the role of banks in arranging the settlement ofcommercial transactions

Other questions asked by students

Q

A tennis coach paces back and forth along the sideline 10 times in 2 minutes...

Physics
Q

3 A The image shows quadrilateral ABCD Prove that quadrilateral ABCD is a square 1...

Geometry
Q

The figure shows two right triangles That is angles CAO and BCO are right angles...

Basic Math
Q

The coordinates of a triangle are given as A(3, 2), B(-4, 1), C(-3, -2). What...

Basic Math
Q

Monica a chef at a 5 star restaurant makes eight different desserts She wants to...

Statistics
Q

Find u v vv u b u 0 2 5 3 v 0 5 4...

Algebra
Q

Find the solution of the following polynomial inequality Express your answer in interval notation x...

Algebra
Q

The budgeted and actual results of Powers Inc. for the month of...

Accounting
Q

Kathy is 48 years of age and self-employed. During 2018 she reported $104,000 of revenues...

Accounting
Q

Montreal Pharmaceutical company produces two types of drugs: Drug A and B. The company uses...

Accounting
Q

What is your profit on a short European call option on the AUDUSD with an...

Finance
Q

Paying off credit card debt: What will be your monthly payment if you have $10,000...

Finance