Which of the following can be described as the important functions of financial system?
1. It enables the pooling of funds for setting up large scale enterprises.
2. It provides a way for managing risk and uncertainry.
3. It provides a mechanism for spatial and temporal transfer of resources.
4. It generates information that helps in coordinating decentralized decision-making.

Which of the following can be described as the important functions of financial system?
1. It enables the pooling of funds for setting up large scale enterprises.
2. It provides a way for managing risk and uncertainry.
3. It provides a mechanism for spatial and temporal transfer of resources.
4. It generates information that helps in coordinating decentralized decision-making. Correct Answer 1, 2, 3 and 4

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