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Which of the following statements is incorrect? - Business Studies

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Question

Which of the following statements is incorrect?

Options

  • Capital Market refers to facilities and institutional arrangements through which long-term funds, both debt and equity are raised and invested.

  • Secondary market is the market where securities are sold by the company to the investor directly or through an intermediary.

  • Primary Market is the Market where only buying of securities takes place. Securities can not be sold there.

  • Money Market is a market for short term funds which deals in monetary assets whose period of maturity is upto one year.

MCQ
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Solution

Secondary market is the market where securities are sold by the company to the investor directly or through an intermediary.

Explanation:

This is false because this is the primary market, whereas the secondary market is for buying and selling.

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2022-2023 (March) Delhi Set 1

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