Question

Which of the following statement/s is/are NOT correct?

i. Capital market is a market for long term equity and debt

ii. There is strong link between money market and capital market

iii. Development of capital market generally precedes the development of money market

A Only i Correct Answer Incorrect Answer
B Only i & ii Correct Answer Incorrect Answer
C Only ii & iii Correct Answer Incorrect Answer
D Only iii Correct Answer Incorrect Answer
E All the above are correct Correct Answer Incorrect Answer

Solution

Development of money market generally precedes the development of capital market.

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