Assertion: Stock Exchange facilitates healthy speculation.
Reasoning: This is one of the disadvantages of the stock exchanges.
Answer & explanation
Correct answer: option 3
Stock Exchange facilitates healthy speculation. This is an importance of Stock exchange.
Facilitates healthy speculation: Healthy speculation, keeps the exchange active. Normal speculation is not dangerous but provides more business to the exchange. However, excessive speculation is undesirable as it is dangerous to investors & the growth of corporate sector.