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Which of the following is not a component of the Indian Financial System ?

Financial planning is an activity rather than a structural component of the financial system. Financial institutions, markets and instruments are components through which…

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Which of the following is not a component of the Indian Financial System ?

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Answer and explanation

Correct answer D

Financial planning is an activity rather than a structural component of the financial system. Financial institutions, markets and instruments are components through which funds are mobilized and transferred.

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  • Rajasthan SET (RSET)

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