Question

Primary and secondary markets

a. compete with each other

b. complement each other

c. function independently

d. control each other

Answer 1

Answer:

Primary and secondary markets complement each other.  

Among the given options option (b) complement each other  is the correct answer.

Explanation:

Capital market are of two types primary market and secondary market.  

Capital market is a market for medium and long term funds. Primary market is also known as the new issues market as this market deals with the new securities issued for the first time.  

Secondary market is also known as stock market stock exchange.

 

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