Which of the following is the function of a financial market?

Mobilisation of savings

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Price fixation

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Provide liquidity to financial assets

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All of the above

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Solution

The correct option is D
All of the above

Answer (d) All of the above
Explanation: Financial Markets have various parts to play which incorporate a reduction in transaction costs, capital formation, liquidity, easy access, risk sharing, fund mobilisation, provision of the required information, and price determination, etc.

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