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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.


 


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

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.

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