Advertisement Remove all ads

Answer Each of These Questions in About Fifteen Words: What is the Need of Secondary Market? - Entrepreneurship

One Line Answer

Answer each of these questions in about fifteen words:

What is the need of secondary market?

Advertisement Remove all ads


The secondary capital market, which is also known as old securities market or stock exchange deals with buying and selling of old securities i.e. the market securities issued earlier are sold by existing investors in this market, thus paving way for the entrepreneurs that if they offer high returns to market, investors will remain inclined to invest therein. The secondary market enhances the marketability of securities and thereby provides liquidity to investments.

  Is there an error in this question or solution?
Advertisement Remove all ads


CBSE Class 12 Entrepreneurship Textbook
Chapter 6 Resource Mobilization
Section B: Financial Markets | Q 1.13 | Page 246
Advertisement Remove all ads
Advertisement Remove all ads

View all notifications

      Forgot password?
View in app×