Match List- I with List-II.

Choose the correct answer from the options given below :

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

The correct answer is option (2) : (A)-(I), (B)-(II), (C)-(III), (D)-(IV)

(A) Primary Market - (I) New Issue Market: The primary market is where new securities, such as stocks and bonds, are issued for the first time to the public. It is often referred to as the "New Issue Market" because it's the place where companies issue new shares to raise capital for their operations or expansion.

(B) Secondary Market - (II) Stock Exchange:The secondary market is where previously issued securities (those that were initially issued in the primary market) are bought and sold among investors. Stock exchanges are examples of secondary markets where investors trade shares that have already been issued in the primary market.

(C) Registration of brokers - (III) Function of SEBI:The Securities and Exchange Board of India (SEBI) is the regulatory authority that oversees the securities markets in India. One of its functions is the registration and regulation of brokers and other market intermediaries. SEBI ensures that brokers meet certain standards and follow regulations to maintain the integrity of the financial markets.

(D) Reduce cost of transactions - (IV) Function of Financial Market: Reducing the cost of transactions is one of the primary functions of financial markets. Financial markets, including primary and secondary markets, play a role in providing liquidity and efficiency to the trading of securities. Reduced transaction costs benefit investors and help facilitate the flow of capital in the financial system.