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      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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