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प्रश्न
‘It is a process that allocates or directs funds available for investment into their most productive instrument opportunity’.
This is known as:
पर्याय
Financial planning
Financial Intermediation
Allocative function
Capital budgeting
MCQ
उत्तर
Allocative function
Explanation:
Through the mobilization of cash between investors and savers, a financial market promotes the connection between the two groups. It carries out what is referred to as an allocative function in the process.
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