1. Which of the following describes 'Stock Exchange'?
- AAn organization that assesses the creditworthiness of borrowers and issues credit ratings
- BAn account used to hold securities in electronic form, eliminating the need for physical certificates
- CThe benchmark index of the National Stock Exchange, tracking 50 major companies
- DAn organized marketplace where securities such as shares and debentures are bought and sold
Show answer
Answer: D
'Stock Exchange' relates to: An organized marketplace where securities such as shares and debentures are bought and sold