An overnight loan granted by a bank to another bank to meet the daily bank reserve required by the central bank (BSP) * Trade Acceptance Time Deposit Interbank loans Banker’s acceptance 2. Financial markets promote economic efficiency by * channeling funds from investors to savers. creating inflation. causing recessions. channeling funds from savers to investors
1. An overnight loan granted by a bank to another bank to meet the daily bank reserve required by the central bank (BSP) *
Trade Acceptance
Time Deposit
Interbank loans
Banker’s acceptance
2. Financial markets promote economic efficiency by *
channeling funds from investors to savers.
creating inflation.
causing recessions.
channeling funds from savers to investors.
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A bank is a type of financial institution that is permitted to accept deposits and provide loans. Financial services such as wealth management, currency exchange, and safe deposit boxes may be offered by banks. Retail banks, commercial or corporate banks, and investment banks are among the several types of banks. In the banking sector, there are different types of exchange that occurs between banks, bank and public, banks and central bank.
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