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Q.

With which activity is the wall street in New York, U.S.A associated with?

a)Films

b)Banking and Finance

c)Defence

d)Literary Arts

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Detailed Solution

The correct answer is b) Banking and Finance.

Wall Street: The Heart of Finance

Wall Street is a famous street in Lower Manhattan, New York City, that is the historic heart of the city's Financial District. It is globally recognized as the center of the U.S. financial industry.

Its association with banking and finance comes from being home to:

  • The New York Stock Exchange (NYSE), the world's largest stock exchange.
  • The headquarters of many of America's largest investment banks, brokerage firms, and financial institutions.

Because of this, the term "Wall Street" is often used as a shorthand to refer to the entire financial market and investment community of the United States.

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