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प्रश्न
Choose the incorrect statement from the following about functions of a Stock Exchange:
पर्याय
Provides liquidity and marketability to new securities
Ensures safety of transactions
Contributes to economic growth
Provides scope for speculation
MCQ
उत्तर
Provides liquidity and marketability to new securities
Explanation:
A stock exchange provides liquidity and marketability for existing securities rather than new assets. New securities are first launched in the primary market before being traded on a stock exchange in the secondary market. The other statements (B, C, and D) about how a stock exchange works are valid.
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