CUET Preparation Today
Capital market consists of........ A. Development Bank |
A, C, E only A, B, C only A, D, E only C, D, E only |
A, B, C only |
The term capital market refers to facilities and institutional arrangements through which long-term funds, both debt and equity are raised and invested. It consists of a series of channels through which savings of the community are made available for industrial and commercial enterprises and for the public in general. It directs these savings into their most productive use leading to growth and development of the economy. The capital market consists of development banks, commercial banks and stock exchanges. |
