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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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