Question : Which of the following statement is correct?
Statement 1: The financial market takes the useless lying finance in the form of cash to places where it is really needed.
Statement 2: The price of any good or service is determined by the forces of demand and supply.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 1 is false and statement 2 is true.
Correct Answer: Both are true
Solution : The financial market takes the useless lying finance in the form of cash to places where it is really needed. Many financial instruments has made a level for transferring finance from one side to the other side. The investors can invest in any of these instruments according to their wish.
Hence, option A is correct.