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Identify, which of the following is not a function of a stock exchange ?
(

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Shift 30/05/2023 12:00 PM - 2:00 PM

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A
Providing liquidity to existing securities
B
Regulation of take-over bids by companies
C
Pricing of securities
D
Spreading of equity cult
Correct answer

Correct Answer

Regulation of take-over bids by companies
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Detailed Explanation

 Providing Liquidity and Marketability to Existing Securities: The basic function of a stock exchange is the creation of a continuous market where securities are bought and sold.

 Pricing of Securities: Share prices on a stock exchange are determined by the forces of demand and supply.

 Spreading of Equity Cult: The stock exchange can play a vital role in ensuring wider share ownership by regulating new issues, better trading practices and taking effective steps in educating the public about investments

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