Which of the following is NOT a function of the stock exchange?
A. Price discovery of securities
B. Issuing new currency notes
C. Providing liquidity to securities
D. Mobilising savings for investment
Answer: Option B
Solution (By JKSSB Mock Tests)
Issuing currency notes is the function of the central bank. Stock exchanges provide liquidity, facilitate price discovery and help mobilise savings for productive investment.
Explanation:
Narrative economics studies how contagious popular stories and narratives spread and influence economic behaviour, contributing to booms, recessions and other major economic events.
No comments yet. Be the first to start the discussion!