Which of the following belongs to the capital market?
Answer Details
The capital market is a market for long-term investments, where companies and governments raise funds for their operations and projects. The stock exchange is the correct option that belongs to the capital market, as it is a marketplace where stocks, bonds, and other securities are bought and sold. Commercial banks and savings banks belong to the banking sector, bureau de change is a foreign exchange market and the clearinghouse is a financial institution that handles the settlement of financial transactions.