Which is a financial intermediary who helps to mobilize and transfer capital from thosewho possess it to those who need it?a.Lease financeb.hire purchaserc.Merchant bankerd.Venture capital

The correct answer is c. Merchant banker.

Here's why:

a. Lease finance: This is a method of financing where the funds are not directly transferred. Instead, the lessor (who owns the asset) gives the lessee (who needs the asset) the right to use it in exchange for periodic lease payments.

b. Hire purchaser: This is a method of buying goods through making installment payments over time. The buyer does not become the legal owner of the item until all of the payments are made.

c. Merchant banker: This is a financial institution that provides services like underwriting and business loans, catering to the needs of large enterprises and high net worth individuals. Merchant banks help in mobilizing and transferring capital from those who possess it to those who need it, which fits the description in the question.

d. Venture capital: This is a type of private equity financing that investors provide to startups and small businesses that are believed to have long-term growth potential. Venture capital generally comes from well-off investors, investment banks, and any other financial institutions. However, it does not typically involve the transfer of capital from those who have it to those who need it in the broader sense that merchant banking does.