The concept of 'spreading equity cult' relates to which function of the stock exchange?
Understand the Problem
The question asks to identify which function of the stock exchange is related to the concept of 'spreading equity cult'. This requires understanding the common practices and aims associated with stock exchanges and their role in promoting investment.
Answer
Spreading equity cult relates to encouraging investment in ownership securities.
The concept of 'spreading equity cult' relates to the stock exchange's function of encouraging investment in ownership securities, ensuring wider share ownership by educating the public and providing better trading practices.
Answer for screen readers
The concept of 'spreading equity cult' relates to the stock exchange's function of encouraging investment in ownership securities, ensuring wider share ownership by educating the public and providing better trading practices.
More Information
The stock exchange encourages people to invest in ownership securities by creating awareness, regulating new issues and providing better trading practices.
Sources
- Stock exchanges provide an opportunity for investors to disinvest ... - byjus.com
- Explain any five functions of Stock Exchange. - Doubtnut - doubtnut.com
- What is Stock Exchange? - GeeksforGeeks - geeksforgeeks.org
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