πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    Question

    Which of the following is not a secondary market

    instrument?
    A Debentures Correct Answer Incorrect Answer
    B Preference shares. Correct Answer Incorrect Answer
    C Qualified institutional placement Correct Answer Incorrect Answer
    D Equity Correct Answer Incorrect Answer

    Solution

    β€’ A secondary market is a platform wherein the shares of companies are traded among investors. β€’ Examples of fixed income securities are – debentures, bonds, and preference shares. β€’ Examples of variable income instruments are – equity and derivatives.

    Practice Next

    Relevant for Exams:

    ask-question