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प्रश्न
Statement I: Secondary Market directly promotes capital formation.
Statement lI: Capital market deals in medium- and long-term securities such as equity shares and debentures.
In the light of given statements, choose the correct alternative from the following:
विकल्प
Both the statements are true.
Both the statements are false.
Statement I is true, Statement II is false.
- Statement II is true, Statement I is false.
MCQ
उत्तर
Statement II is true, Statement I is false.
Explanation:
- Statement I is false because the secondary market does not directly promote capital formation; it facilitates liquidity and trading of existing securities.
- Statement II is true as the capital market deals with medium- and long-term securities like equity shares and debentures.
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