Which one is not a function of intermediation ........

Finance (RBI) Financial Institutions

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Which one is not a function of intermediation?

It facilitates the acquisition of payment for goods and services.

It facilitates the creation of a portfolio.

It eases the liquidity constraints of households and firms.

It provides a safekeeping service for those with excess funds.

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Explanation:

A financial intermediary offers a service to help an individual/ firm to save or borrow money. A financial intermediary helps to facilitate the different needs of lenders and borrowers. It does not provide a safekeeping service for those with excess funds.