What is the difference between primary and secondary markets?
1. Primary markets help in capital formation, while secondary capital provides liquidity to the investor
2. Initial public offerings are undertaken in both primary and secondary markets
3. Stock exchanges are an example of secondary markets
A. 3 only
B. 2 and 3 only
C. 1 and 3 only
D. 1, 2 and 3
Answer: Option C
This Question Belongs to Commerce >> Banking And Financial Institutions
Join The Discussion