0
the financial system plays a very vital role in the economy and society. it holds the funds for investment, business and development. to the poor countries, money is the life-blood of the economy. and yet it is very scarce and very precious. most of it comes from foreign investments and foreign loans.
the Central Bank which is the leader of the financial system has been entrusted with the very great responsibility of promoting monetary stability and economic growth for the whole country.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What are the characteristics of financial management information system?
A financial information management system is accurate, integrated with other systems and analytical. A good system will help management avoid problems by generating reports.
Chart showing financial services in Indian financial system?
chart showing financial service of indian fancial system
Multinational financial system?
A multinational financial system is a system that works across borders. Many multinational financial systems can accommodate many different currencies.
Who are the clients of the financial system?
The Customers, Stakeholders are the clients of the financial system of a business house.
What is the UK financial system?
The type of financial system that the UK has is called a mixed economy. The mixed economy financial system focuses more on market-based economies.
What are the characteristics of financial management information system?
A financial information management system is accurate, integrated with other systems and analytical. A good system will help management avoid problems by generating reports.
What are the nature of the financial system?
nature of financial system in India?
What is a a good sentence with the word financial in it?
As the financial crisis in Greece worsens, companies are getting ready for everything from social unrest to a complete meltdown of the financial system.
What are the key components of the financial system?
There are majorly 2 components of financial system one is formal financial system and another one is informal financial system. under the formal financial system there are 4 components 1)Financial Intermediaries 2)Financial Markets 3)Regulators 4)financial instruments in informal financial system neighbours ,relatives,landlords,local trader are there
What is financial system?
Financial system is a system used by organizationÕs management to exercise financial control and accountability. It allows transfer of money between savers and borrowers.
Is government a financial system?
Government is an actor within a financial system and sometimes they create the financial system but government is not by itself a financial system unless there are not free markets of any sort.
What are the elements of financial system?
The main elements of Financial System are as follows:MoneyFinancial MarketsFinancial InstitutionsFinancial InstrumentsCentral Banks
What do you mean by 'Financial System. Explain the various components of Financial system?
financial system means a system used to convert savings into productive investment.
Are there financial planning course out there?
Dave Ramsey has an excellent program for acheivign financial freedom. I highly recommend that you get his system beacuse it is very good. He will hel[p you acheive financial peace.
About financial information system concepts?
Uses of Financial Information System
What are the characteristics of Indian financial system?
There are basically 4 components of INDIAN FINANCIAL SECTORS are: 1. FINANCIAL INSTITUTIONS 2. FINANCIAL INSTRUMENTS 3. FINANCIAL MARKETS 4. FINANCIAL SERVICES
What is overbanked?
It refers to a financial system with too many banks to allow them to offer good returns on investments.
