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FINANCIAL MARKET — OCM STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceOCMFINANCIAL MARKET2 Marks
Question
What is the main difference between primary market and secondary market?
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Answer

In primary market, the companies issue securities for sale for the first time whereas in secondary market, the securities issued in primary market are traded over and over.

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