CIMA Fundamentals of Business Economics BA1 Question # 13 Topic 2 Discussion

CIMA Fundamentals of Business Economics BA1 Question # 13 Topic 2 Discussion

BA1 Exam Topic 2 Question 13 Discussion:
Question #: 13
Topic #: 2

Financial intermediation is the process by which


A.

Net savers and net borrowers are brought together.


B.

Banks create credit on the basis of their liquid assets.


C.

The central bank acts as a link between commercial banks and the government.


D.

Banks provide commercial services for their customers.


Get Premium BA1 Questions

Contribute your Thoughts:


Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.