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INTERVIEW QUESTIONS
INDIAN FINANCIAL SYSTEM
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Question: What is the meaning of Financial Intermediaries?
Answer: A financial intermediary is an entity that acts as the middleman between two parties in a financial transaction. While a commercial bank is a typical financial intermediary, this category also includes other financial institutions such as investment banks, insurance companies, broker-dealers, mutual funds and pension funds. Financial intermediaries offer a number of benefits to the average consumer including safety, liquidity and economies of scale.
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Indian Financial System Interview Questions & Answers -
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Question:
What is the meaning of Financial Intermediaries?
Answer:
A financial intermediary is an entity that acts as the middleman between two parties in a financial transaction. While a commercial bank is a typical financial intermediary, this category also includes other financial institutions such as investment banks, insurance companies, broker-dealers, mutual funds and pension funds. Financial intermediaries offer a number of benefits to the average consumer including safety, liquidity and economies of scale. Source: CoolInterview.com
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