Meaning And Segments of Financial System - SS1 Economics Past Questions and Answers - page 1

1

Which of the following is NOT a segment of the financial system?

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A

Financial Institutions

B

Financial Markets

C

Payment and Settlement Systems

 

D

Regulatory Bodies

 

E

Manufacturing Companies

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2

Which of the following financial instruments provides ownership in a company?

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A

Stocks

B

Bonds

C

Derivatives

D

 Mutual Funds

 

E

All of the above

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3

Which of the following payment systems allows for the transfer of funds between bank accounts?

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A

Credit Card Networks

B

Electronic Funds Transfer Systems

 

C

PayPal

D

Venmo

 

E

All of the above

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4

Which of the following financial institutions is owned by its members and operates on a non-profit basis?

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A

 Banks

 

B

Credit Unions

C

 Insurance Companies

 

D

Hedge Funds

E

 Venture Capital Firms

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5

What is the role of financial institutions in the financial system?

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6

What is the purpose of regulatory bodies in the financial system?

 

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