Q.

Which of the following is true?

A. the initial public issues are made in primary market whereas all subsequent issuesare made in the secondary markets.
B. primary markets are legal whereas secondary markets are not.
C. primary markets deal in shares whereas secondary markets are meant fordebentures.
D. corporates raise resources directly from the investors through the primary market,whereas in the secondary markets, investors buy and sell securities from one another.
Answer» D. corporates raise resources directly from the investors through the primary market,whereas in the secondary markets, investors buy and sell securities from one another.
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