Which of the following financial institutions cannot be found on the capital market of a country
a
commercial bank
b
mortgage bank
c
stock exchange
d
Agricultural bank
Explanation
Correct Option
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Discussions (5)
Bville
8 years ago
Just as we have the capital market,we also have the stock exchange market,so therefore the answer is C
DanielEchoda
9 years ago
The answer is C. C because stock exchange market is another type of market entirely of it's own. Stock exchange markets deal in old goods ie second hand goods.
Chuks612
9 years ago
I believe/think that commercial banks deal with the money market.They lend out short loans which then makes the answer A.
