Correct Answer: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.

Solution : The correct answer is (b) Both assertion and reason are true, but the reason is not the correct explanation of the assertion.

The assertion is true. A financial market provides a platform for the exchange of financial assets, which can include goods and services related to the financial realm.

The reason is true, but it doesn't directly explain the assertion. Financial markets indeed involve the buying and selling of financial assets such as stocks, bonds, currencies, derivatives, and more. However, the assertion is broader in stating that financial markets provide a platform for the exchange of goods and services, which encompasses not only financial assets but also related goods and services. The reason doesn't clarify this broader aspect of the assertion.