1
Question
The capital market consists of _______.
The capital market consists of _______.
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Solution
(a) Commercial banks
(b) Stock exchanges
(c) Development banks
(d) All of the above
Answer (d) All of the above
Explanation:A capital market is a monetary market wherein long-term equity or debt securities are purchased and sold. A capital market is where new issues are made that are bought and sold.
(a) Commercial banks
(b) Stock exchanges
(c) Development banks
(d) All of the above
Answer (d) All of the above
Explanation:A capital market is a monetary market wherein long-term equity or debt securities are purchased and sold. A capital market is where new issues are made that are bought and sold.
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