Which of the following serve as intermediaries channeling the savings of individuals, businesses and governments into loans and investments?

Question

Quizplus · Accepted Answer

Financial institutions such as banks, credit unions, and insurance companies play a major role in channeling savings into loans and investments. They accept deposits from depositors and use the funds to make loans to borrowers, such as individuals buying a home, businesses expanding their operations or governments financing public projects. Financial institutions also invest in securities and other financial instruments, providing additional sources of capital for borrowers.

Which of the Following Serve as Intermediaries Channeling the Savings