Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Liberalisation, Privatisation and Globalisation - An Appraisal

Question:

Which of the following is NOT a constituent of Financial Market?

Options:

stock exchange operations

foreign exchange market

investment banks

none of the above

Correct Answer:

none of the above

Explanation:

Financial sector includes financial institutions, such as commercial banks, investment banks, stock exchange operations and foreign exchange market. The financial sector in India is regulated by the Reserve Bank of India (RBI).