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Question

SOME IMPORTANT TRUE AND FALSE WITH REASON:
Stock Exchange reflects financial progress of a country.

A
True
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B
False
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Solution

The correct option is A True
This statement is 'True' because of the following reasons:
(i) It simulates investment is productive sector which accelerates the process of economic development of the nation.
(ii) It also supports and promotes industrial development.
(iii) It mobilises the resources to the production sector.
(iv) It is a barometer of country's financial status.

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