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Question
Match the FUNCTIONS of Financial Markets in Column I with their correct MEANING in Column II
Column I | Column II | ||
(a) | Allocated Function | (i) | Establish a price for the financial asset through interaction between house-holds and business firms. |
(b) | Facilitating Price Discovery | (ii) | Easy purchase and sale of financial assets. |
(c) | Financial Assets Liquidity | (iii) | Mobilization of savings and channelising them into the most productive use. |
Options
(ii), (iii), (i)
(iii), (ii), (i)
(ii), (i), (iii)
(iii), (i), (ii)
MCQ
Solution
(iii), (i), (ii)
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