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Identify, which of the following statement is not correct for ‘Primary Market’?
Question

Identify, which of the following statement is not correct for ‘Primary Market’?

A.

Sale of securities by new companies or further new issue of securities by existing companies.

B.

Only buying of securities takes place, securities cannot be sold here.

C.

Prices are determined by demand and supply for the securities

D.

There is no fixed geographical location

Correct option is C

Prices are determined by demand and supply for the securities is incorrect as prices are determined by demand and supply in Secondary Market.

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CUET 2025 English Language Mock 01

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