Question:

Which of the following is TRUE about Primary Markets?

A.

primary market is the place where public can buy and sell securities from oneanother.

B.

primary markets refer to the mobilization of funds from the public by corporatesthrough the issue of shares / debentures.

C.

primary markets are places where only short-term instruments are traded.

D.

primary markets are markets where commodities are sold.

Answer» b. primary markets refer to the mobilization of funds from the public by corporatesthrough the issue of shares / debentures.