The primary market deals with: MCQ with Answer and Explanation

The primary market deals with:
A. trading of existing shares
B. only government bonds
C. new issue of securities
D. foreign currency
Answer: Option C
Solution (By JKSSB Mock Tests)
The primary market deals with the issuance of new securities.

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1
The term 'Primary Market' in the capital market is the market for:
A. Trading of existing securities
B. Issue of new securities by companies and governments
C. Only agricultural commodities
D. Only short-term money market instruments

Correct Answer: Option B


Explanation:
The primary market is where new securities are issued and sold for the first time to raise fresh capital. The secondary market deals with subsequent trading of existing securities.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' on hotel rooms with tariff below Rs 1,000 is:
A. 12%
B. 0%
C. 5%
D. 18%

Correct Answer: Option B


Explanation:
Hotel rooms below Rs 1,000 tariff are exempt from GST.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Bank for International Settlements' was established in which year?
A. 1919
B. 1930
C. 1944
D. 1971

Correct Answer: Option B


Explanation:
The Bank for International Settlements was established in 1930.

This question belongs to: Economy GK Economy Set 1