Which of the following is/are a feature of stock exchange?
Answer & explanation
Correct answer: option 4
Features of stock exchange:
1) Association of persons: A stock exchange is an association of persons or body of individuals which may be registered or unregistered.
2) Recognition from central government: Stock exchange is an organized market. It requires recognition from the Central Government.
3) Market for securities: Stock exchange is a market, where securities of corporate bodies, government and semi-government bodies are bought and sold.
1) Association of persons: A stock exchange is an association of persons or body of individuals which may be registered or unregistered.
2) Recognition from central government: Stock exchange is an organized market. It requires recognition from the Central Government.
3) Market for securities: Stock exchange is a market, where securities of corporate bodies, government and semi-government bodies are bought and sold.