Which of the following can be described as the important functions of financial system?
1. It enables the pooling of funds for setting up large scale enterprises.
2. It provides a way for managing risk and uncertainry.
3. It provides a mechanism for spatial and temporal transfer of resources.
4. It generates information that helps in coordinating decentralized decision-making.
A. 1, 2 and 3
B. Only 1
C. Both 2 and 3
D. 1, 2, 3 and 4
Answer: Option D
This Question Belongs to Commerce >> Banking And Financial Institutions
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A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
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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