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A market where new shares are traded is known as

Commerce
JAMB 2015

A market where new shares are traded is known as

  • A. Primary Market
  • B. Stock Exchange
  • C. Secondary Market
  • D. Money Market
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Correct Answer: Option A
Explanation

The primary market provide avenue where companies and organization can issue new securities in order to raise fund.

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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent