Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Financial Markets

Question:
Which is of the following is NOT a financial market function?
Options:
Price determination of securities
Floating of companies
Lowering transaction cost
Mobilization of savings
Correct Answer:
Floating of companies
Explanation:
Financial Markets have different roles to play, including price determination, funds mobilization, risk sharing, easy access, liquidity, capital formation, reduction in transaction costs, provision of the required information, etc.