Question

Read the following text carefully:

“In the recent times, the Government of India, has introduced several measures to encourage greater public participation in the capital market, including both primary and secondary stock markets.”
Under which sector have the above mentioned reforms been introduced?

Options

• Industrial

• Financial

• Taxation

• Foreign Trade

Answer 1

Financial

Explanation:

The measures relate to the primary and secondary capital markets (raising and trading of securities), which are components of the financial system, so reforms to boost public participation are financial-sector reforms.