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Question
The allocated function is performed by
The allocated function is performed by
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Solution
(a) Capital market
(b) Money market
(c) Financial market
(d) All of the above
Answer (d) All of the above
Explanation: The allocation function of all securities is performed by all financial markets, capital markets, and money markets. These markets allocate securities such as stocks, shares, and debentures to their investors.
(a) Capital market
(b) Money market
(c) Financial market
(d) All of the above
Answer (d) All of the above
Explanation: The allocation function of all securities is performed by all financial markets, capital markets, and money markets. These markets allocate securities such as stocks, shares, and debentures to their investors.
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