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What is the purpose of financial institutions in the Indian capital market?
  • a)
    To regulate stock market activities.
  • b)
    To provide short-term loans to small businesses.
  • c)
    To facilitate the trading of foreign exchange.
  • d)
    To provide medium and long-term loans for industrial growth.
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
What is the purpose of financial institutions in the Indian capital ma...
Financial institutions in the Indian capital market play a vital role in providing medium and long-term loans to businesses for industrial growth and development. These institutions assist in promoting new companies, expanding existing ones, and meeting financial requirements during economic challenges. They contribute significantly to the growth and development of industries in the country.
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What is the purpose of financial institutions in the Indian capital market?a)To regulate stock market activities.b)To provide short-term loans to small businesses.c)To facilitate the trading of foreign exchange.d)To provide medium and long-term loans for industrial growth.Correct answer is option 'D'. Can you explain this answer?
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