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CBSE Class 12 Business Studies 2019 Outside Delhi set 1
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Question : 9 of 44
Marks:
+1,
-0
This market helps to save time, effort and money that both buyers and sellers of a financial asset would have to otherwise spend to try and find each other. Name the market and identify the function being referred to.
Solution:
The market referred here is 'financial market'. Function of financial market referred here is to 'reduce the cost of transactions'.
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