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A financial market is a market in which people trade ______ and derivatives at low transaction costs. - Secretarial Practice

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Question

A financial market is a market in which people trade ______ and derivatives at low transaction costs.

Options

  • Gold

  • Financial securities

  • Commodities

MCQ
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Solution

A financial market is a market in which people trade financial securities and derivatives at low transaction costs.

Explanation:

A financial market is a place where people buy and sell financial securities such as shares, bonds, and debentures, along with derivatives. These markets help in raising capital and allow trading at relatively low transaction costs.

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Chapter 11: Financial Market - Exercises [Page 167]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 11 Financial Market
Exercises | Q 1 A) 1. | Page 167
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