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What is meant by the financial market? - Business Studies

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प्रश्न

What is meant by the financial market?

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उत्तर

A financial market is a market for the creation and exchange of financial assets. Financial markets exist wherever a financial transaction occurs. Financial transactions could be in the form of the creation of financial assets such as the initial issue of shares and debentures by a firm or the purchase and sale of existing financial assets like equity shares, debentures, and bonds.

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2021-2022 (March) Term 2 - Delhi Set 1
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