CUET Preparation Today
What is true of financial markets? |
A financial market is a market for the creation and exchange of financial assets. Financial markets exist wherever a financial transaction occurs. Both 1 and 2 None of the above |
Both 1 and 2 |
A financial market is a market for the creation and exchange of financial assets. Financial markets exist wherever a financial transaction occurs. Financial transactions could be in the form of creation of financial assets such as the initial issue of shares and debentures by a firm or the purchase and sale of existing financial assets like equity shares, debentures and bonds. |
