Question:

Identify the function performed by Financial Market from the following statement: "Holders of assets can readily sell their financial assets through the mechanism of the financial market."

Updated On: Oct 28, 2024
  • Reduce the cost of transactions
  • Provide liquidity to assets
  • Facilitate price discovery
  • Mobilization of savings
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The Correct Option is B

Solution and Explanation

Financial markets provide liquidity by allowing holders to quickly sell assets, ensuring they can convert their holdings to cash without significant loss in value
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