Question

What does the secondary market deal with?

a.

Initial public offerings

b.

Purchase and sale of loans between mortgage banks and investors

c.

Further capital issues by listed companies

d.

Online-based transactions

Posted under IC 89 Management Accounting

Answer: (b).Purchase and sale of loans between mortgage banks and investors Explanation:The secondary market deals with the purchase and sale of previously issued stocks, securities, and financial instruments, including the purchase and sale of loans between mortgage banks and investors.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What does the secondary market deal with?
Add Comment

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. Which stock exchange is considered one of the oldest in Asia and started its operation in 1875?

View solution

Q. In terms of economic development, how is the Indian equity market considered?

View solution

Q. As of May 2014, what is the total market capitalization commanded by the companies listed on BSE?

View solution

Q. How many companies are listed on BSE as of May 2014?

View solution

Q. What characterizes the status of the debt market in India?

View solution

Q. What type of funds primarily invest in the shares of well-established companies?

View solution

Q. What characterizes Mid/Small-cap Funds in the context of mutual funds?

View solution

Q. When were mutual funds opened to the private sector in India?

View solution

Q. Who broke the monopoly of the Unit Trust of India (UTI) in the mutual fund business in 1987?

View solution

Q. What trading process was used in Indian markets before 1995?

View solution

Q. What major policy initiated by SEBI in 1993 led to the shift of all exchanges to screen-based trading?

View solution

Q. What does dematerialization refer to in the context of securities?

View solution

Q. How are dematerialized securities often referred to?

View solution

Q. When did dematerialization of securities start for listed companies in the US and the European Union?

View solution

Q. How are shares and securities held in India currently?

View solution

Q. What is one of the benefits of a demat account in terms of securities transfer?

View solution

Q. What risk associated with physical certificates is mostly eliminated by demat accounts?

View solution

Q. Why is there no "odd lot" problem in demat accounts?

View solution

Q. What is a benefit of recording a change in address with a Depository Participant (DP)?

View solution

Q. When did the National Stock Exchange (NSE) start trading equity?

View solution
View All MCQs on IC 89 Management Accounting

Recommended Subjects

Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!

Molecular Biology

Dive into the intricate world of molecular biology with our specialized category....

Basic Electrical Engineering

Master the fundamentals of Electrical Engineering with our specialized category....

Biochemistry

Delve into the intricate world of Biochemistry with our Biochemistry category....

Microbiology

Uncover the fascinating world of microbes with our Microbiology category. Delve into...

DC Machines

Dive into the fundamentals of direct current (DC) machines with our specialized...

Verbal Ability

Hone your language and communication skills with our Verbal Ability category. Enhance...

International Relations

Navigate the complex world of International Relations with our dedicated category....

Electrical Measurement and Instrumentation

Unlock the world of electrical measurements with our dedicated category. Explore...

Human Anatomy and Physiology

Embark on a journey through the human body with our Human Anatomy and Physiology...