Question : The market where existing securities are bought and sold is known as ________
Option 1: Primary market
Option 2: Secondary market
Option 3: Capital market
Option 4: Financial market
Answer (1)
12th Jan, 2024
Correct Answer: Secondary market
Solution : A secondary market is a market where existing securities are bought and sold. The secondary market, or stock exchange, offers a venue for the regular selling and acquisition of various assets, including bonds, shares, debentures, and government securities. It's a regulated market where all trades are subject to the laws and regulations of the relevant stock exchanges
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