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Question : It has to save time effort and money that both buyers and sellers of financial asset would have to spend to try and find each other. Which function of financial market is highlighted in the given statement?
 

Option 1: Facilitating price discovery

Option 2: Mobilization of savings and channelizing them into the most productive uses

Option 3: Providing liquidity to financial assets

Option 4: Reducing the cost of transactions


Team Careers360 14th Jan, 2024
Answer (1)
Team Careers360 15th Jan, 2024

Correct Answer: Reducing the cost of transactions


Solution : Financial market save lot of time and efforts of the both buyers and sellers by providing a forum through which they can meet each other to fullfill their needs.

Hence, option D is correct.

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