11 Views

Question : Which market allows investors to buy and sell foreign currencies?

Option 1: Stock market
  

Option 2: Commodity market
    

Option 3: Forex market

 

Option 4: Bond market


Team Careers360 3rd Jan, 2024
Answer (1)
Team Careers360 11th Jan, 2024

Correct Answer: Forex market

 


Solution : The correct answer is (c) Forex market.

The Forex market, also known as the foreign exchange market or currency market, is the market where investors can buy and sell foreign currencies. It is a decentralized market where participants, including individuals, banks, corporations, and central banks, trade currencies.The Forex market operates globally, 24 hours a day, allowing investors to engage in currency trading at any time. The main purpose of the Forex market is to facilitate the conversion of one currency into another for various purposes, including international trade, investment, speculation, and hedging.

The Forex market is the largest and most liquid financial market in the world, with high trading volumes and numerous participants. It offers opportunities for investors to profit from fluctuations in exchange rates and diversify their investment portfolios.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
VIT - VITEEE 2026
Apply
National level exam conducted by VIT University, Vellore | Ranked #16 by NIRF for Engg. | NAAC A++ Accredited
Amity University-Noida M.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Amity University-Noida MBA Ad...
Apply
Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.
Great Lakes Institute of Mana...
Apply
Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
Amrita University B.Tech 2026
Apply
Recognized as Institute of Eminence by Govt. of India | NAAC ‘A++’ Grade | Upto 75% Scholarships | Application Deadline: 15th Jan
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books