The reason behind the growth of financial markets globally are (a) Currency fluctuations (b)…
The correct answer is (b), (c) and (d). Deregulation and liberalisation of financial systems, the spread of international banks, and advances in information technology have…
Choose your answer
The reason behind the growth of financial markets globally are
(a) Currency fluctuations
(b) Deregulation
(c) International Banks
(d) Information Technology
Answer and explanation
Correct answer D
The correct answer is (b), (c) and (d). Deregulation and liberalisation of financial systems, the spread of international banks, and advances in information technology have been the main drivers of the global growth and integration of financial markets. Currency fluctuations are a source of risk to be managed rather than a reason for that growth.
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UGC NET Management