Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Resource Mobilisation

Question:
Securities which do not figure in the official list of stock exchange are called ________ securities. Such securities cannot be traded in the stock exchange.
Options:
Identified
Unidentified
Listed
Unlisted
Correct Answer:
Unlisted
Explanation:
Stock exchanges maintain an official list of securities that could be purchased and sold on its floor. Securities which do not figure in the official list of stock exchange are called unlisted securities. Such unlisted securities cannot be traded in the stock exchange.