CBSE Class 12 Business Studies 2023 Delhi set 1

Question : 16

Total: 39

Which of the following statements is incorrect?

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 agsets whose period of maturity is upto one year.

Solution:

(b) Secondary market is the market where securities are sold by the company to the investor directly or through an intermediary.
This is incorrect as this is primary market and secondary market is for buy and sell.

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