SEO Sai Gr. Hosp.
211627 Points
Posted on 23 July 2018
Intermediation means brokerage function which brings together seekers and providers of goods, information, money, etc.
Need for intermediation occurs due to the imperfect nature of markets and everyday situations where the complete ('perfect') knowledge about providers and seekers (and about what they seek) is not available to everyone.
Business codes series 13000 is for 'FINANCIAL INTERMEDIATION SERVICES'
I don't see LIC as intermediator !!!