Which of the following is NOT a major function of financial intermediaries?

Question

Quizplus · Accepted Answer

The management of the nation's money supply is not a major function of financial intermediaries. Instead, this is the responsibility of the central bank or monetary authority in a country. Financial intermediaries are primarily involved in providing brokerage services, asset transformation services, and information production to facilitate the flow of funds between savers and borrowers.

Which of the Following Is NOT a Major Function of Financial