General Knowledge · Financial Markets and Legal Principles
Which of the following statements regarding the trading mechanisms and principles within the Indian financial system is/are correct? 1. An order-driven market is a mechanism where buyers and sellers submit price and quantity orders, and trades are executed when these orders match. 2. BSE SME and NSE Emerge are dedicated platforms established by the respective stock exchanges for small and medium enterprises. 3. The Principle of Subrogation, which allows an insurer to recover losses from a third party, is a direct consequence of the Principle of Indemnity. Select the answer using the code given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only 1 and 3
- 2Only 2 and 3
- 3Only 1 and 2
- 41, 2 and 3✓
Correct answer
1, 2 and 3
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