Statement-I : The basic function of a Stock Exchange is the creation of a continuous…

CBSE Business Studies class 12 question and answer | Statement-I : The basic function of a Stock Exchange is the creation of a continuous market where securities are bought and sold. Statement-II : The Stock Exchange provides both liquidity and easy marketability to already existing securities in the market.

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Statement-I : The basic function of a Stock Exchange is the creation of a continuous market where securities are bought and sold.
Statement-II : The Stock Exchange provides both liquidity and easy marketability to already existing securities in the market.

Choose the correct option from the following :

(A) Statement-I is true and Statement-II is false.
(B) Statement-II is true and Statement-I is false.
(C) Both the Statements are true.
(D) Both the Statements are false.

Ans.(C) Both the Statements are true.