Question : It has to save time effort and money that both buyers and sellers of financial asset would have to spend to try and find each other. Which function of financial market is highlighted in the given statement?
Option 1: Facilitating price discovery
Option 2: Mobilization of savings and channelizing them into the most productive uses
Option 3: Providing liquidity to financial assets
Option 4: Reducing the cost of transactions
Correct Answer: Reducing the cost of transactions
Solution : Financial market save lot of time and efforts of the both buyers and sellers by providing a forum through which they can meet each other to fullfill their needs.
Hence, option D is correct.
Question : It provide liquidity to financial assets so that they can easily converted into cash whenever required.Which function of financial market is highlighted in the given statement?
Question : It is a common platform where buyers and sellers can meet for fullfilment of their individuals needs. Which function of financial market is highlighted in the given statement?
Question : It gives savers the choice of different investments and thus helps to channelise surplus funds into the most productive use.Which function of financial market is highlighted in the given statement?
Question : It provide valuable information about securities being traded in the market. Which function of financial market is highlighted in the given statement?
Question : Which function of financial market is highlighted in the given statement? Statement: It takes the uselessly lying finance in the form of cash to places where it is really needed.
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