Vidyalelo
Commerce · Q64

Business and Commerce

Graduate and Post Graduate · Commerce · question 64

Q64

Stock exchange deals with the ___________.

A.
second hand securities
Answer
B.
issued of equity shares
C.
issue of preference shares
D.
issue of debentures

Answer: Option A

Solution

Answer: Option A
Solution:
Stock exchange deals with the second hand securities. In short it deals with existing or second hand securities and hence it is called secondary market. Allows dealings only in listed securities : In fact, stock exchanges maintain an official list of securities that could be purchased and sold on its floor.