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Question :
It provide valuable information about securities being traded in the market. Which function of financial market is highlighted in the given statement?
 

Option 1: Mobilization of savings and channeling them into the most productive uses.

Option 2: Facilitating price discovery

Option 3: Providing liquidity to financial assets

Option 4: Reducing the cost of transactions

 


Team Careers360 7th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: Reducing the cost of transactions

 


Solution : Reducing the cost of transactions helps to save time,effort and money that both buyers and sellers of a financial asset would have to  otherwise spend to try and find each other. It provides a common platform made for fullfilment of their individual needs.

Hence, option D is correct.

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