Economics · Economy
What is the primary core function of a recognized stock exchange in a financial market ecosystem?
- 1To audit the annual fiscal expenditure and tax collections of the central government
- 2To print currency notes and regulate the sovereign money supply of the country
- 3To provide an organized platform for listing, trading, and price discovery of corporate securities✓
- 4To act as a direct lender and provide commercial loans to public sector corporations
Correct answer
To provide an organized platform for listing, trading, and price discovery of corporate securities
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