Question : It refers to the market for sale in purchase of previously issued securities.Which of the following market is highlighted in the given statement?
Option 1: Money market
Option 2: Primary market
Option 3: Secondary market
Option 4: None of the above
Correct Answer:
Secondary market
Solution : Secondary market refers to market for sale and purchase of previously issued securities. It helps existing investors to disinvest and fresh investors to enter the market.
Hence, option C is correct.