What are the tasks of a financial systemthree tasks of a, Ask an Expert

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What are the tasks of a financial system?

Three Tasks of a Financial System are as follows:

1. Decreasing transaction costs

2. Decreasing financial risk

3. Giving liquid assets

4. Liquid assets can be rapidly converted within cash, whereas illiquid assets cannot.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9581518

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