Mr Menon is a financial consultant working as a freelancer. He said "Financial markets facilitate easy purchase and sale of financial assets". Identify which function of the financial market he was referring to:
Mr Menon is a financial consultant working as a freelancer. He said "Financial markets facilitate easy purchase and sale of financial assets". Identify which function of the financial market he was referring to:
Solution
✅ Correct Option: 4
By facilitating easy purchase and sale of financial assets, financial markets allow holders to convert assets into cash whenever desired. This is the function of providing liquidity to financial assets.
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