Economics · Financial Markets
Given below are two statements: Statement I: Capital market plays an important role in mobilising resources and diverting them into productive channels. Statement II: Capital market is a market where buyers and sellers engage in trade of financial securities like bonds, stocks, etc. In the light of the above statements, choose the correct answer from the options given below:
- 1Statement I is false but Statement II is true
- 2Statement I is true but Statement II is false
- 3Both Statement I and Statement II are false
- 4Both Statement I and Statement II are true✓
Correct answer
Both Statement I and Statement II are true
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