Question: 1 . What are the different ways to transfer funds from savings to borrowers? How financial intermediaries, such as banks, insurance company, and mutual funds,

1. What are the different ways to transfer funds from savings to borrowers? How financial intermediaries, such as banks, insurance company, and mutual funds, are different from brokers and investment banks? Why do we need financial intermediaries?
2. Explain the terms "adverse selection" and "moral hazard". Discuss why the presence of these two problems presents an obstacle to the role of the financial system.
3. Explain the difference between the banking model of "originate and hold" and the model of "originate and distribute" What are the consequences of adopting the "originate to distribute" model? Elaborate your answer.
 1. What are the different ways to transfer funds from savings

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