The most important economic function of new issue market is to ___________.
A. provide liquidity to securities
B. provide facilities for converting saving into investments
C. give proper direction to the flow of capital
D. give direction
Answer: Option B
Solution(By Examveda Team)
The most important economic function of new issue market is to provide facilities for converting saving into investments.Related Questions on Business and Commerce
A. Commerce
B. Industry and commerce
C. Trade and commerce
D. Selling and buying of goods
Which of the following is not an economic activity?
A. A doctor practicing
B. A lawyer practicing law
C. A professional cricketer playing cricket
D. A student playing cricket
Which of the following is an extractive industry?
A. Cattle breeding
B. Forest cultivation
C. Hunting
D. Flour mills
Which of the following is not a manufacturing industry?
A. Iron and steel works
B. Flour Mills
C. Fruit canning
D. Mining
Join The Discussion