Roles of Financial Institutions in Economic Progress
CMAT 2025 · Innovation & Entrepreneurship · Medium · Finance
Financial Institutions are not merely transactional entities but key architects of economic progress. Their roles also span: (A) Capital formation (B) Risk management (C) Inclusive finance (D) Arbitration (E) Consultation in project report preparation to intern during their internship program.
Choose the correct answer from the options given below:
- A.
(A) and (B) only
- B.
(A), (B), and (C) only
- C.
(B), (C), and (D) only
- D.
(B), (C), (D), and (E) only
B
Explanation
The core macroeconomic roles of financial institutions include capital formation, risk management, and promoting inclusive finance. Arbitration and intern project consulting are not primary institutional roles.
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