1.

Justify the following statement.Stock exchanges work for the growth of the Indian economy.

Answer»
  • The stock exchange is a specific place where the trading of securities is arranged in an organized method.
  • The stock exchanges help in the process of rapid economic development by speeding up the process of capital formation as well as resource mobilization in India.
  • It helps in raising medium-term capital as well as long-term capital for the development and expansion of the companies in the Indian economy.
  • New industries and commercial enterprises can easily acquire capital funds for economic growth.
  • It reflects a healthy financial and investment conducive atmosphere in the economy. It stimulates investment in the productive sector which accelerates the process of economic development of the nation.
  • Thus, it is rightly said that the stock exchanges work for the growth of the Indian economy.


Discussion

No Comment Found

Related InterviewSolutions