What functions do financial institutions traditionally perform?

July 13, 2021 – by admin

Question:

What functions do financial institutions traditionally perform?

A.

They immobilise savings.

B.

They concentrate risk.

C.

They spread risk.

D.

They offer only short-term finance.

Answer» a. They immobilise savings.

Note:

The above multiple-choice question is for all general and Competitive Exams in India.