CBSE Class 12 Business Studies 2019 Outside Delhi set 1

Question : 9

Total: 44

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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