Which of the following are functions of a financial system?
1. The operation of a payments system.
2. Provides 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.
A. 2, 3 and 5
B. 1, 2 and 4
C. 1, 3 and 5
D. 2, 3 and 4
Answer: Option B
This Question Belongs to Commerce >> Banking And Financial Institutions
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The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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