Given below are two statements:
Statement I : Capital market plays an important role in mobilising resources and diverting them in productive channels.
Statement II : Capital market is a market where buyers and sellers engage in trade of financial securities like bonds, stocks, etc.
In the light of the above statements, choose the correct answer from the options given below:
1
Both Statement I and Statement II are true
2
Both Statement I and Statement II are false
3
Statement I is true but Statement II is false
4
Statement I is false but Statement II is true