Which type of capital market was this company dealing in?
A. Primary market
B. Secondary market
C. Commodity market
D. None of these
Answer:B
Which type of capital market was this company dealing in?
A. Primary market B. Secondary market C. Commodity market D. None of these
Explanation: The secondary market is also known as the stock market or stock exchange. It is a market for the purchase and sale of existing securities. It helps existing investors to disinvest and fresh investors to enter the market. It also provides liquidity and marketability to existing securities.