Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Financial Markets

Question:
Which is not a function of financial market?
Options:
Mobilization of Savings and Channeling them into the most Productive Uses
Facilitating Price Discovery:
Providing Liquidity to Financial Assets
Wealth Maximization
Correct Answer:
Wealth Maximization
Explanation:
Financial Market is a market for creation and exchange of financial assets. It helps in mobilisation and channelising the savings into most productive uses. Financial markets also helps in price discovery and provide liquidity to financial assets.