Question

Financial markets play an important role in the allocation of scarce resources in an economy by performing important functions.' In light of the given statement, state any three functions performed by Financial Market.

Answer 1

the Financial markets play an important role in the allocation of scarce resources in an economy by performing important functions.' In light of the given statement, the three functions performed by Financial Market are⤵⤵

⭐provides the variable choice.

⭐cheap rates with valuable and good quality.

⭐good and quality products

Answer 2

1. Mobilization of Saving and Channeling them into most productive uses.

2. Facilitating price discovery

3. Reducing the cost of transaction