ICSE Class X Commercial Applications 2019 Solved Papers

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SECTION - I

State one difference between each of the following :
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Question : 1
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Capital Market and Money Market.
Solution:  
 Capital Market  Money Market
 This is a specialised market for providing long term finance to business enterprises. It consists of stock exchanges, investment trusts, etc  Money market is a specialised market for providing short term finance to business enterprises. It consists various types of banks.
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