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Question : Which feature of secondary market is highlighted in the given statement?
Statement: Any new security cannot be sold for the first time in the secondary market.

 

Option 1: Creates liquidity

Option 2: After primary market

Option 3: Particular place

Option 4: Encourages new investment

 


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: After primary market


Solution : Any new security cannot be sold for the first time in the secondary. New securities are first sold in the primary market and their after comes the turn of the secondary market. Secondary market comes after primary market.

Hence, option B is correct.

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