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What is the primary role of financial institutions in the Indian financial system?
  • a)
    To provide investment opportunities for individuals.
  • b)
    To regulate the stock market.
  • c)
    To increase the efficiency of resource use.
  • d)
    To control the flow of foreign investments.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the primary role of financial institutions in the Indian finan...
The primary role of financial institutions in the Indian financial system, as mentioned in the text, is "to increase the efficiency of resource use," which includes evaluating investments and monitoring borrowers to improve resource allocation.
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What is the primary role of financial institutions in the Indian financial system?a)To provide investment opportunities for individuals.b)To regulate the stock market.c)To increase the efficiency of resource use.d)To control the flow of foreign investments.Correct answer is option 'C'. Can you explain this answer?
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