Stock Exchange — Secretarial Practice STD 12 Commerce / Arts — Question
Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeStock Exchange4 Marks
Question
Stock Exchange is a Secondary Market.
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Answer
The stock exchange is a specific place where the trading of securities is arranged in an organized method.
In the primary market, new securities are floated by the issuing companies and direct contact with the public at large is established for selling of the securities.
A stock exchange is the single most important institution in the secondary market for securities.
It is the place where already issued and outstanding shares are bought and sold, repeatedly.
Thus, it is rightly said that Stock Exchange is a secondary market which is an organized market in India.
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