Economics · Financial System Classification
Which of the following represents the four common functional classifications of finance based on the sectors they serve in the financial system?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Consumer finance, Merchant finance, Vendor finance, Subsidiary finance
- 2Industrial finance, Agricultural finance, Development finance, Government finance✓
- 3Personal finance, Domestic finance, International finance, Retail finance
- 4Micro finance, Macro finance, Nano finance, Corporate finance
Correct answer
Industrial finance, Agricultural finance, Development finance, Government finance
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