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This document outlines the five building blocks of a financial system: money, financial markets, financial institutions, financial instruments, and central banks. It lists money and financial markets as the first two building blocks, followed by financial institutions. Financial instruments are listed as the fourth building block, with central banks concluding the list of core components.
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- 14. The Building Blocks of Financial System are as follows:- 1) Money 2) Financial Markets 3) Financial Institutions 4) Financial Instruments 5) Central Banks