Aman had 55 shares of Vani Ltd. He wanted to sell 30 shares, so he went for a specific market to sell them through online portal. He went for which of following markets?
A. Money Market
B. Secondary Market
C. Primary Market
D. None of the above
Answer:B
Aman had 55 shares of Vani Ltd. He wanted to sell 30 shares, so he went for a specific market to sell them through online portal. He went for which of following markets?
A. Money Market B. Secondary Market C. Primary Market D. None of the above
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.