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FINANCIAL MARKET — OCM STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceOCMFINANCIAL MARKET2 Marks
Question
What is capital market? Into which parts is it divided?
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Answer

A capital market $($locally – share market$)$ is an organized market in which capital is raised by the investment made by general public in the form of shares, debentures, bonds, etc.
  1. Primary market and
  2. Secondary market.

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