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
Answer (1)
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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