Which of the following participants represent the capital market?

(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. All of the above options represent the participants of the capital market.

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