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Financial Market Management — CBSE Class 10 board question

Q1. [1]
"The market which deals in securities previously issued" is called
  1. (a) Primary Market
  2. (b) Debt Market
  3. (c) Secondary Market
  4. (d) Commodity Market
Previously asked in CBSE board exam
2023 92 Q3 (ii)
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

(c) Secondary Market

The market which deals in securities previously issued (already existing/pre-issued) is called the Secondary Market.

Source: Chapter 4, Section 4.1 Introduction

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Explanation

The key phrase is "previously issued" — this directly points to the Secondary Market, where already-issued securities are traded among investors. The Primary Market is where securities are issued for the first time to raise capital. Examiners expect you to simply identify the correct option; no further explanation is needed for a 1-mark MCQ.

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