Stock exchange is known as the __________ market for securities.

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Solution

(a) Capital market
(b) Secondary market
(c) Primary market
(d) None of the above

Answer (b) Secondary market

Explanation: The secondary market is the place where financial backers, investors purchase and sell securities they currently own. It is the thing that a great many people regularly consider as the ‘stock market,’ however stocks are additionally sold on the primary market when they are first issued.

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