Economics · Indian Capital Market

Which of the following is NOT a fundamental characteristic or primary function of the Indian capital market?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Mandatorily co-promotes and funds state-level venture capital funds directly✓
2Acts as a link between savers and productive investment opportunities
3Utilizes financial intermediaries like merchant bankers and brokers
4Operates under well-defined Government rules and regulatory frameworks like SEBI

Correct answer

Mandatorily co-promotes and funds state-level venture capital funds directly

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