"Financial Markets help to save time, efforts and money of both buyers and sellers of financial assets". Identify the function of financial markets being highlighted in the statement. Option 1: Mobilisation of Savings and Channeling them into the most productive uses Option 2: Reducing cost of transactions Option 3: Facilitating price discovery Option 4: Providing liquidity to financial assets

The answer is 'Reducing cost of transactions'. View full solution:

CUET Business Studies - "Financial Markets help to save time, efforts and money of both buyers and sellers of financial assets". Identify the function of financial markets being highlighted in the statement. | PYQs + Solutions

CUET Business Studies 2022 30 Aug Shift 1

Business Studies

Easy

Mobilisation of Savings and Channeling them into the most productive uses

Reducing cost of transactions

Facilitating price discovery

Providing liquidity to financial assets

✅ Correct Option: 2