Maharashtra State BoardHSC Commerce 12th Board Exam
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Explain the following term/concept.Primary market - Secretarial Practice

Short Note

Explain the following term/concept.
Secondary market

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Solution

The secondary market is more commonly known as the stock market or the stock exchange. Here, the previously issued securities are bought and sold by investors. There is no fresh issue. After IPO, when the shares are listed at the stock exchange, they can be traded in the secondary market.

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APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 11 Financial Market
Exercise | Q 2.9 | Page 169
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