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
Answer (1)
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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