Assertion (A): Capital market is a market for purely long-term funds
. Reason(R): It deals with the financial assets and securities whose maturity period does not exceed one year.
a) Both are correct. (R) is correct explanation of (A)
b) Both are correct. (R) is not correct explanation of (A)
c) (A) correct, (R) wrong
d) (A) wrong, (R)correct
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Answer:
a) both are correct assertion and reason..
Explanation:
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