Business Studies, asked by kbharathraoias, 2 months ago

Financial market plays an important role in the allocation of scarce resources in an economy by performing various functions."Explain any three functions of financial market.

Answers

Answered by peehuthakur

Answer:

1) TRANSFER OF RESOURCES: Financial market facilitates the transfer of real economic resources from lenders to ultimate users. 2) PRODUCTIVE USAGE Financial market allows productive use of the funds. Excess funds of the investors are used by the borrowers for productive purposes

Explanation:

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