ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT a role of a stock exchange?
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Capital Raising
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Monitor the market for a fair trading
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Issue loans and advances
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Create investment opportunities for investors
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Explanation:
Detailed explanation-1: -Issuing of coins is not a function of the Central Bank.
Detailed explanation-2: -The following NBFC’s are not required to obtain any registration with the Reserve Bank of India: Core Investment Companies – (assets are less than 100 crore or public funds not taken) Merchant Banking Companies. Companies which are engaged in the business of stock-broking.
Detailed explanation-3: -Answer and Explanation: The stock market, bond market, and banks are all financial intermediaries but the government is not. The government is not a financial intermediary but it has become involved in financial intermediation.
There is 1 question to complete.