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Question : Which market is highlighted in the given statement?
Statement: It  refers to that market in which securities are sold for the first time for collecting long term capital.

Option 1: Primary market

Option 2: Secondary market

Option 3: Capital market

Option 4: Money market 


 


Team Careers360 14th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Primary market


Solution : Primary market refers to that market in which security the sold for the first time for collecting long term capital. There for the primary market is also called new issue market. Through the medium of this market both the newly established companies as well as existing companies collect capital.

Hence, option A is correct.

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