Question

The Finance Manager of Elle Pharma Limited, Mr. Ashish Manjrekar, wants to raise funds through debt or equity to the extent of ₹ 2 crores. For this purpose, he approaches a well-regulated financial market that facilitates the mobilisation of long-term capital for companies. Identify the market where Mr. Ashish Manjrekar can raise the funds.

पर्याय

• Money market

• Secondary market

• Capital market

• Wholesale debt market

Answer 1

Capital market

Explanation:

The capital market is a well-regulated financial market where long-term funds are raised through debt and equity instruments such as shares and debentures. Since Mr. Ashish Manjrekar of Elle Pharma Limited wants to raise ₹ 2 crores for long-term purposes, the appropriate market for raising such funds is the capital market, not the money or secondary market.