Question

Institutions where shares or debentures of companies are bought and sold are :​

Answer 1

Primary Market and Secondary Market.

Shares and debentures are bought and sold are Primary Markets and Secondary Markets.

Primary Markets are the market where new securities like shares and debentures are bought and sold. This market is also known as "New Issue Markets."

For Example, Government Bonds, Stocks of companies, Bills of exchange, etc.

Secondary Market is a market where already traded securities are traded. In this type of market where the existing securities are traded.

For Example, National Stock Exchanges and Bombay Stock Exchanges.