CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipResource Mobilization1 Mark
Question
What do you mean by primary market?
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Answer
Primary market refers to the market where issue of securities (shares, debentures and bonds) being issued for the first time by new companies or new issue of securities by existing companies to investors. It is basically to facilitate transfer of resources from the savers to entrepreneur for seeking more funds.
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