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Question : Which of the following statement is correct?
Statement 1:Primary Market promotes capital formation directly.
Statement 2: Only buying of securities takes place in the Primary Market.

Option 1: Both are true 

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 1 is false and statement 2 is true.

 


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 17th Jan, 2024

Correct Answer: Both are true


Solution : Primary market is concerned with the new issues there for primary market is also known as new issue market. Through the medium of this market both the newly established companies as well as existing companies collect capital. In this market the flows of funds is from savers to borrowers.

Hence, option A is correct.

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