7. What is the function of Capital Market? *
(2 Points)
Allocation function
To finance Government
The Function of Clearing House
To Maintain Price stability
CHENNAI
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Answer:
Your answer is option B)To finance Government.
Explanation:
Functions of Capital Market:
Facilitates the movement of capital to be used more profitability and productively to boost the national income. Boosts economic growth. Mobilization of savings to finance long term investment. Facilitates trading of securities.
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