The ________ market is also known as the stock market or stock exchange, which is the market for the purchase and sale of existing securities.

primary

No worries! We‘ve got your back. Try BYJU‘S free classes today!

capital

No worries! We‘ve got your back. Try BYJU‘S free classes today!

money

No worries! We‘ve got your back. Try BYJU‘S free classes today!

secondary

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D secondary
The secondary market is also known as the stock market or stock exchange, which is the market for the purchase and sale of existing securities. In secondary market, securities are not directly issued by the company to investors. The securities are sold by existing investors to other investors.

Suggest Corrections

Similar questions

A___ is more commonly known as second-hand security market or stock exchange market?

Q. Identify the market highlighted in following statement.
It is also known as Stock Exchange and deals in sale and purchase of previously issued securities.

Q. Simultaneous purchase and sale of the same stock in two different markets is known as ______________.

Q. A government purchase or sale of currency in the foreign exchange market is called an market intervention.

'Efficient functioning of stock exchange creates a conducive climate for active and growing primary market for new issues as well as for an active and healthy secondary market.' In the light of this statement state any three functions of a stock exchange.

Join BYJU'S Learning Program