Question

Match the intermediary with the characteristic that best describes its function I. Provide protection from adverse events. Il. Pool funds of small savers and invest in either money or capital markets. IlI. Provide consumer loans and real estate loans funded by deposits. IV. Accumulate and transfer wealth from work period to retirement period. V. Underwrite and trade securities and provide brokerage services 1. Thrifts 2 Insurers 3. Pension funds 4. Securities firms and investment banks 5 Mutual funds Multiple Choice 2.5.1,3,4 4,2,3,51
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Answer #1
Provide protection from adverse events Insurance
Pool funds of small savers and invests either in money or capital market Mutual Funds
Provide consumer loans or real estate loans funded by deposits Thrifts
Accumulate and transfer wealth from work period to retirement period Pension Funds
Underwrite and trade securities and provide brokerage services Securities firm and investment banks

So Option A is correct.

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