CUET Preparation Today
| Which of the following is also known as New Issue Market? |
Primary market Secondary Market Capital market None of the above |
| Primary market |
| PRIMARY MARKET : The primary market is also known as the new issues market. It deals with new securities being issued for the first time. The essential function of a primary market is to facilitate the transfer of investible funds from savers to entrepreneurs seeking to establish new enterprises or to expand existing ones through the issue of securities for the first time. |
