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Questions
Classify markets on the basis of subject of exchange.
Name two types of Markets on the basis of the subject of exchange.
Classify
Very Short Answer
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Solution
- Commodity market: An organised market where commodities are bought and sold, such as cloth.
- Capital market: It comprises financial institutions, stock exchanges, mutual funds, and insurance companies.
- Money market: The money market provides short-term financing to businesses.
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Notes
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