[amp_mcq option1=”a-4, b-1, c-2, d-3″ option2=”a-2, b-1, c-4, d-3″ option3=”a-1, b-2, c-4, d-3″ option4=”a-3, b-2, c-1, d-4″ correct=”option4″]<\/p>\n
The correct answer is: D. a-3, b-2, c-1, d-4<\/p>\n
Financial instruments are a broad category of assets that include cash, stocks, bonds, and derivatives. They are used to facilitate the transfer of funds between parties. Financial markets are places where financial instruments are bought and sold. They can be organized or unorganised. Organized financial markets are regulated by governments and have rules and regulations that must be followed. Unorganised financial markets are not regulated and are often more informal. Financial institutions are businesses that provide financial services. They can be intermediaries or non-intermediaries. Intermediaries, such as banks, facilitate the transfer of funds between borrowers and lenders. Non-intermediaries, such as insurance companies, provide financial protection against risk. Indigenous bankers are people who provide financial services in traditional societies. They often operate outside of the formal financial system.<\/p>\n
Here is a more detailed explanation of each option:<\/p>\n
[amp_mcq option1=”a-4, b-1, c-2, d-3″ option2=”a-2, b-1, c-4, d-3″ option3=”a-1, b-2, c-4, d-3″ option4=”a-3, b-2, c-1, d-4″ correct=”option4″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[699],"tags":[],"class_list":["post-33637","post","type-post","status-publish","format-standard","hentry","category-banking-and-financial-institutions","no-featured-image-padding"],"yoast_head":"\n