🎴 Flashcard Mode
Capital markets - class-XII
Card1 / 35
Mastered0
Review0
QuestionClick to flip
Primary and Secondary markets.
AnswerClick to flip back
A
Compete with each other
💡 Explanation:
Primary and secondary markets complement each other. ... Secondary market deals in the purchase and sale of the existing securities. That is, once the securities are issued in primary market, they are then traded in the secondary market. It is in this sense that both the markets complement each other.