question archive An efficient financial system mobilizes savings and convert it in to investment red d out of 2 Select one: question O a
An efficient financial system mobilizes savings and convert it in to investment red d out of 2 Select one: question O a
Subject:FinancePrice:2.86 Bought3
An efficient financial system mobilizes savings and convert it in to investment red d out of 2 Select one: question O a. False O b. True
Purchase A New Answer
Custom new solution created by our subject matter experts
GET A QUOTE
Answer Preview
b. True
The efficient financial system help to directly flow of savings and Investment. The major financial institution banks offer attractive interest rate to investors to deposit money and the savings are channelized by credit to bussiness.
So that, an efficient financial system should promote savings by providing easy and convenient access to appropriate savings instruments that is Investment.
