Question
Which of the following are the part of Market
Infrastructure Institutions?Solution
Stock exchanges, depositories and clearing houses are together called Market Infrastructure Institutions and play a key role in the country’s economic infrastructure. The Bimal Jalan Committee in its 2010 report said, The term “infrastructure” means the basic, underlying framework or features of a system. The term “market infrastructure” denotes such fundamental facilities and systems serving the market. The primary purpose of the securities /capital market is to enable allocation of capital/financial resources.
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