Question : Which feature of secondary market is highlighted in the given statement?
Statement: It means immediate conversion of securities into cash this job is performed by the secondary market.
Option 1: Creates liquidity
Option 2: After primary market
Option 3: Particular place
Option 4: Encourages new investment
Answer (1)
19th Jan, 2024
Correct Answer: Creates liquidity
Solution : The most important feature of the secondary market is to create liquidity in securities. Liquidity means immediate conversion of securities into cash this job is performed by the secondary market.
Hence, option A is correct.
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