Read the following text and answer question No.13-16 on the basis of the same: Payal a house wife, started saving money by cutting her household expenses. Once she had saved Rs 20,000, she started exploring various options as to where she can invest her surplus money. Even though amount was limited, she felt that she had a chance of investing it properly .So she approached a bank named ‘Jhan Dhan’ to deposit her money . Bank assured her that it will gives a definite return to her , which is in the form of interest. Payal was about to deposit her saved money in to the bank to get this interest . But while reading on website she happened to read an article on "Investment in stock market by small investor.' Payal visited to stock exchange also. There she came to know, by investing in stock market she can get more return on her saved money, though the risk is also there. Broker explained her that these days, the development of a country is also judged by its system of transferring finance from the sector where it is in surplus to the sector where it is needed the most. She decided to invest her money in shares. Broker asked her to open an account for transfer of shares and started the trading procedure.
Option 1
Clear selection
Q.13 According to you banks and financial market are _______________ in the system which gives payal a choice of where she want to place their savings *
1 point
Dematerialisation
Trading procedure
Competing intermediaries
Financial intermediation
Q.14 Identify the process of allocating finance from the sector where it is in surplus to the sector where it is needed the most. *
1 point
Mobilisation of savings
Providing liquidity
Allocative function
Financial intermediation
Q.15 Which market mobilizes funds between savers and the investors ? *
1 point
Financial Market
Capital Market
Primary Market
Secondary Market
Q.16 Identify the type of account which is to be opened by the payal for trading in securities *
1 point
Fixed Deposit Account
Saving Account
Demat Account
Bank Account
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