NISM Series IX (Merchant Banking) Practice Questions - NISM-Series-IX Merchant Banking Certification Examination Exam

Which of the following describes the primary role of the capital market in an economy?

Providing short-term working capital to small businesses Channeling long-term savings into productive investments Regulating the daily exchange rates of foreign currencies Printing and circulating currency notes on behalf of the central bank

Correct Answer:

Channeling long-term savings into productive investments

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