Answer: b
International Competitive Bidding (ICB) is not a capital market intermediary. This is associated with the World Bank in the bidding process of financing arrangements – only the competitive bidding is entertained.
All the other options are capital market intermediary:
Option a: this creates an added value in the stock market in Bangladesh.
Option c: this is a financial service firm globally, engaging in securities.
Option d: this is an appointed banker by the issuing corporation for financing the project.
Option e: this is an intermediary for trading securities in the secondary market.
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