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FINANCIAL MARKET — OCM STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceOCMFINANCIAL MARKET2 Marks
Question
Define financial market. State its types.
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Answer

The market that deals with financial securities $($or instruments$)$ and financial services is called financial market;
  1. Money market and
  2. Capital market.

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