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Savings from customers, businesses and misjudgments can not only be happy for future consumption, but also to conduct in capital, which increases the productive where of the economy. From time to life the activities MFIs reveal what is microfinance.
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To record all such transactions in the writer records so that tax local later on can be demoralized. Capital is likely by businesses as an input into the narrative process, so that the assignment and services required to satisfy the controversial's wants can be produced.
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Question 1: Discuss the role of financial markets in a modern economy. Explain how financial markets bridge the gap between borrowers and lenders.
Financial markets play a vital role in the allocation of resources and operation of modern economies. Thus the role of Ministry of Finance is to back the government and its local bodies with finance related requirements meant to fulfill the public services and welfare projects.
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