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Question : Which function of financial market is highlighted in the given statement?
Statement: Many financial instruments are made available for transfering finance from one side to the other side.
 

Option 1: Mobilization of savings and channelising them into most productive use

Option 2: Facilitates price discovery

Option 3: Provides liquidity to financial assets

Option 4: Reduce the cost of transactions

 


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 17th Jan, 2024

Correct Answer: Mobilization of savings and channelising them into most productive use


Solution : Financial market gives institutes to the savings of the people this market takes the uselessly lying finance in the form of cash to place where it is really needed. Mani financial market instruments are made available for transfering finance from one side to the other the investors can investing any of this instruments according to their wish.

Hence, option A is correct.

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